Gold Surges Past $5,500 Amid Iran Tensions, Weakening US Dollar
29 Jan 202610:40 AM
Gold Surges Past $5,500 Amid Iran Tensions, Weakening US Dollar
Gold prices have set a new record amid United States President Donald Trump’s threats of military action against Iran and the weakness of the US dollar.

Bullion surged past $5,500 an ounce on Thursday, extending an extraordinary rally that has seen the precious metal gain more than 20 percent in value since the start of the year.