In a proud moment of economic history, the price of gold soared to $4,000 an ounce for the first time, CNBC reports. A symbol of wealth and prosperity for centuries, gold’s value has persisted through numerous pitches and chasms in global economy. This unprecedented rise marks another milestone in its illustrious journey. With the world combating the crisis and recessions, investors appear to be flocking to the safe harbour of gold, solidifying its status as a ‘safe-haven’ asset. The surge sends an important signal to investors, financial institutions and policy makers, potentially heralding a new paradigm in the world of gold investment and trading. Read More
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