Gold prices have increased even more by 1% on Wednesday. This increase was driven by a slight fall in the dollar. American and a renewed risk aversion that is stimulating demand.

Spot gold gained 1.3% at $3,981.27 per ounce around 08:45 GMT. American futures contracts on Gold for delivery in December rose by 0.8% to $3,991.90 per ounce

Gold prices rose by around 52% this year, reaching an all-time high of $4,381.21 on 20 October, supported by geopolitical and economic uncertainties, the expectations of lower rates and continued purchases by central banks.

Moreover, money at Cash gained 1.6% to $47.87 per ounce, platinum rose by 0.7% to $1,546.21 and palladium rose 1.3% to $1,408.99