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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAfter the capture by the United States of the President
Venezuelan Nicolas Maduro over the weekend, gold prices rose on Monday,
while those of other precious metals also jumped.
At 03:12 GMT, the spot gold price was
increased by 1.9% to reach $4,411.14 per ounce, a high in
one week.
American gold futures for
deliveries in February increased by 2.1% to $4,419.90.
Geopolitical tensions, combined with declines in
interest rates, major purchases by central banks and inflows into
Exchange-traded funds contributed to 64% gains in gold bullion
last year, its biggest annual gain since 1979.
Cash prices increased by 4.4%
to reach $75.82 per ounce, after reaching an all-time high
of 83.62 dollars on December 29.
Silver ended the year up 147%,
vastly surpassing gold in what was its best year ever
recorded.
Money has reached new heights thanks to its
designation as an essential mineral in the United States last year, as well as in
supply constraints in the face of growing demand from sectors
industrial and investment.
The spot price of platinum rose by 2.2%
to reach $2,190.55 per ounce, after peaking at a record high
history of 2,478.50 dollars last Monday.
The price of palladium a rose by more than 5% at the start of the Asian session, reaching its highest level in one week. It was $1,667.45 per ounce, or an increase of 1.8%.
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