A new historical maximum reached the price of gold this Monday, April 1, when it stood at USD 2,265 per ounce.

According to the Bloomberg News review, the value of gold exceeds the maximum reached a few days ago, although its value is still affected by the intensification of the conflict between Israel and Hamas as well as the war in Ukraine.

In any case, with respect to the sector, there is a marked increase in interest so far in 2024.

Its price is also boosted by increases or cuts in interest rates carried out by the Fed. Currently, investors and other players in the gold market are waiting for a new cut or adjustment in this regard.

M.Pino

With information from national and international media

(Reference image: Jingming Pan on Unsplash)

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