During the trading on the Comex exchange, located in New York, the price per ounce of gold exceeded the mark of $ 1900. This is the highest figure in the history of trading. It seems that investors against the background of the weakening US dollar are looking for other more stable positions to invest.
The situation is exacerbated by escalating tensions between the United States and China. Recall that on Friday, China demanded the closure of the US Embassy in Chengdu – in response to the closure of the Chinese Embassy in Houston. In general, tensions between the world’s two largest economies are caused by Donald Trump’s trade wars.
Against this background, it is expected that silver will also begin to rise in price if hopes for the recovery of industry in the world come true.