Gold rose to 2,141.79 dollars per year, surpassing its previous record of $2,135.39 reached in December. Over one year, the price of the yellow metal jumped by around 15%.
The recent surge in prices “was triggered by weak US data,” notes Thu Lan Nguyen, analyst at Commerzbank. The slowdown in price increases in the United States, which is tending towards the American central bank's 2% target, also supports bets of an imminent rate cut.