After increasing by more than 3% on Tuesday, Gold has crossed the 5,200 dollar mark for the first time Wednesday , while the dollar has fell to a low in nearly four years amid concerns persistent geopolitics.

Spot gold prices increased by 0.6% to reach $5,219.97 per ounce at 01:53 GMT, after reaching a record $5,224.95 earlier in the day, an increase of more than 20% since the beginning of the year.

American gold futures for Deliveries in February jumped by 2.6% to reach $5,216.80 the ounce.

According to Kelvin Wong, senior market analyst at OANDA, “The rise in gold is due to its very strong indirect correlation with The dollar, and the rise in gold prices yesterday during the American session was due to Trump's remark to an innocuous question about the dollar, which implied that there was a broad consensus within the White House in in favor of a weaker dollar in the future.”

The price of silver spot grew by 0.6% to 113.63 dollars per ounce, after reaching a record high of $117.69 on Monday. The metal White has already jumped by nearly 60% since the start of the year.

mso-bidi-language:ar-sa">Platinum at counting gained 1.5% to reach 2,679.15 dollars per ounce after reaching a record high of $2,918.80 on Monday, while palladium rose by 0.9 per cent to $1,951.93