Gold price exceeds $1,500 an ounce

Gold price stood at the New York Mercantile Exchange (NYMEX) has today made up $1,503 an ounce, for the first time since April 2013, Report informs referring to Bloomberg.

According to the analysts, re-escalation of the US-China trade war, delay in global economic growth, softening of monetary policy by the world’s central banks caused increase in investors’ interest in the gold. Compared to early 2019, the gold price gained 17% value.