The gold price reaches new record levels. It went up on Thursday to 2,798.59 dollars per troy ounce (31 grams), a measure of the gold price, which meant an increase of 1.4 percent during the day.
Thus, the previous record from October last year was beaten.
Then the price fell back slightly and was at 20:00 Swedish time at 2,793.90 dollars per troy ounce – an increase of 1.3 percent.
Interest in gold as an investment increases generally during economically and politically uncertain times.
According to the news agency Bloomberg, the current increase is partly due to the dollar falling because the USA's GDP did not grow as much as the market expected during the fourth quarter last year.
Also, concerns that President Donald Trump will impose trade tariffs on foreign goods are affecting.
