to report «iusnews»; The gold price has hit a new all-time high, having surpassed $5,000 per troy ounce, after posting its biggest weekly gain since the 2008 financial crisis amid political unrest and a weaker dollar, the Financial Times (FT) newspaper said.
The historic growth in the precious metal's value over the past two years is driven by a surge in investor interest and central banks' desire to diversify their portfolios away from the dollar, the paper said.