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Gold Prices Soar to Record High: 22K Price Hits Dh306/gram in Dubai

Silver trading at 12-year high amid bullish sentiment

Gold prices surged to a record high on Monday, driven by safe haven demand as traders monitored rising tensions in the Middle East and the tightening US election race.

Bullion increased by as much as 0.3 percent, reaching an all-time high of $2,729.30 an ounce, slightly surpassing last week’s peak. This bullish sentiment also extended to silver, which is trading at its highest level since 2012.

Source: Gulfnews

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