The Gold Price Exceeds the Dream Limit

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The Gold Price Exceeds the Dream Limit
Photo: Leif R Jansson/TT

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The gold price passed the dream limit of 3,000 dollars per ounce on Friday morning. The price is climbing in pace with the increasing aggressive trade policy of USA's president Donald Trump, creating unease on the financial markets.

The spot price for gold was just after 11 am on Friday 3,002.8 dollars per ounce.

Gold is traditionally seen as a safe and defensive investment during uncertainty on the market.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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