Gold maintains record price trajectory to $4,200

The price of gold, the precious metal considered the most reliable, rose again this Wednesday to a record high of 4,200 dollars an ounce (3,627 euros/28.3 grams), while interest rate changes are awaited by the US Federal Reserve.

According to Bloomberg, at 8:10 am, gold reached a value of $4,200.61, up 1.38%.

A week ago, amid trade tensions between the United States and China, as well as military conflicts in the Middle East and Ukraine, gold surpassed the $4,000/ounce barrier for the first time, with analysts predicting it will reach $5,000 next year.