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Record rise in gold, silver due to demand for safe havens
[12/01/2026 07:29]
LONDON-SABA
The price of gold surpassed the $4,600 per ounce level for the first time today, Monday, while silver prices also surged to their highest level ever.

Spot gold rose about 1.3 percent to reach $4,568.49 per ounce, after the precious metal hit a new record of $4,600.33 earlier in the session.

U.S. gold futures for February delivery increased by 1.7 percent to $4,578.00.

Spot platinum rose 2.9 percent to $2,338.54 per ounce, after reaching its highest record level of $2,478.50 on December 29, while palladium also climbed 4.2 percent to $1,892.18 per ounce.


Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025

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