One Gold Chain

The Achilles heel of gold

Madrid .- Gold, one of the safe haven assets in times of uncertainty, maintains the upward path that began after the Hamas attacks against Israel and reaches the highest levels since September.
At 1:00 p.m. the price of the gold metal rose 1.1% and exceeded $1,945 per ounce, although at some points during the session it has exceeded $1,946.
Since the escalation of violence in the Middle East broke out, gold has appreciated more than 6%.

Gold, a safe haven asset

«Gold asserts its status as a safe haven asset and is at four-week highs today,» they highlight.
The prices reached during the session in the intraday market are the highest since September 1, when gold touched $1,953 per ounce.
If the precious metal closed the day at current levels, you would have to go back to the end of July to find such a high price.

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