The price of gold continued to break its historical record, APA reports.
The price of gold futures for February this year on the COMEX exchange increased by 0.86% to $4,955.6 at 3:00 a.m. Baku time.
The last trading price of gold was 4,942.8 USD. In total, the price increased by 35 USD during the day.
At the same time, the price of gold in the spot market increased by 0.33% to 4,952.31 USD.
It should be noted that the increase in gold prices is mainly explained by the weakening of risk appetite in global markets and investors' shift to safe assets.