The price of gold exceeded $1800 per ounce on geopolitical risks

Gold prices continue to rise on Tuesday, receiving support from the demand for protective assets in the face of geopolitical risks.

Quotations of December contracts on the New York Mercantile Exchange (NYMEX) in the course of trading rise by 0.7% – up to $1800.40 per ounce. The price broke the key $1,800 an ounce mark for the first time since July 5.

Silver for September delivery remains virtually flat at $20.36 an ounce.

Alexandra Taylor

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