Skip to Content
Consumer

Gold prices top $5,000 over Trump concerns

By , ,
today at 8:59 AM
Published 9:13 AM

(CNN, KYMA) - The price of gold has crossed a threshold never seen before as it surged past $5,000 an ounce for the first time Sunday.

Analysts say the spike in price comes amid worries President Donald Trump is upending relations between the United States and its allies in Europe and Canada.

That is causing investors to stick with a reliable asset like gold.

So far this year, the price of gold has jumped 15%, building on a record 65% jump in gold prices achieved last year.

Article Topic Follows: Consumer

Jump to comments ↓

CNN Newsource

Author Profile Photo

Dillon Fuhrman

If you have any story ideas, reach out to him at dillon.fuhrman@kecytv.com.

Joaquin Hight

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.