Gold, new record prices: spot price nears $5,600 per ounce

Milan, Jan 29 (LaPresse) – The rise in gold prices shows no signs of stopping, influenced by international trade and geopolitical tensions, with quotes reaching a new record, nearing $5,600 per ounce. The spot price of the precious metal currently stands at $5,548.75 per ounce (+2.42%) after reaching as high as $5,595.44 per ounce, while futures prices are up 4.3% at $5,573.31 per ounce.