The price of gold for the first time in history exceeded the mark of two thousand dollars per ounce. This is evidenced by trading data on the Conex exchange.
According to the exchange, we are talking about the price of gold futures for delivery in December. By the end of the day, the price per ounce of this precious metal fell below the level of 2 thousand dollars but began to rise again after the close of trading.
The rise in the price of gold occurs against the background of a fall in the GDP of the United States (32.9% in the second quarter of 2020). Precious metals in this situation protect against uncertainty and rising inflation.