GOLD prices have reached another new high, going above $4,400 per ounce for the first time.
Image/Gold Price
Analysts say the increase is because people expect the U.S. central bank to lower interest rates next year.
Gold started the year at $2,600 per ounce, but things like political tensions, Trump's tariffs, and the chance of lower rates have made investors want safer assets like gold and other commodities.
The prices of other precious metals, like silver and platinum, have also gone up.
This year, gold prices have gone up by more than 68%, which is the biggest rise since 1979, according to Adrian Ash, who leads gold market research at BullionVault.
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