Gold breaks a new historic record, exceeding $2,260. The precious metal is experiencing renewed interest this year, so that banks are suggesting that their interest rates will decrease soon.
Investors are still convinced that the American central bank (Fed) will lower its rates this year. The risks of an extension of the conflict between Israel and Hamas are also pushing prices up. As bullion does not earn any interest, it becomes more attractive when central banks lower the cost of borrowing. The previous record dates back several days.