The prices of gold and silver, precious metals considered safe investments in uncertain times, reached record values today, respectively at 4,080 dollars (3,512 euros) and 51 dollars (44 euros) per ounce of each, according to Bloomberg.
Os Historical records were reached at 5:30 am, with the ‘golden metal’ growing 1.45% to $4,077.99after, on Wednesday, it rose to 4,000 dollars/ounce for the first time, predicting the most valuable result in the closing of the markets since 1979.
A ‘silver relative’, whose value is being boosted by gold, also reached all-time highs, rising 2.7% to $51.66.
On Thursday, silver had reached an unprecedented level of 50 dollars, having seen historical records in June 2011, at the time of the quantitative easing programs (QE, in the English acronym), when it stood at 49.80 dollars.
Both metals continue to rise today as trade tensions between the United States of America and China increase, in addition to political uncertaintiesdue to the ‘closure’ of North American federal institutions, and the appointment of a new French government, and the geostrategic uncertainty, with the ongoing wars, particularly in Ukraine and the Middle East.