fromwww.theguardian.com
2 days agoYen slumps and Nikkei hits record after Sanae Takaichi wins Japan's ruling party election; gold nears $4,000 as rally continues business live
The spot price of bullion has jumped by over 1% today to $3,944 per ounce, as it closes in on the $4000/oz mark. This means the gold price has jumped by 50% since the start of January, on track for its best annual gains since the Iranian Revolution. Gold has been driven higher this year by several factors, including rising concerns that government debts are unsustainable.
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