Gold price approaches new record | Economy

The gold price briefly rose above 2,100 dollars (1,934 euros) for an ounce (31.1 grams) on Monday. This brings the record price of 2,135.39 dollars (more than 1,966 euros) for an ounce from early December within reach.

Investors expect the US central bank to cut interest rates in June for the first time in years. Falling interest rates make gold more attractive to investors.

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