Gold Price Hits New High as Investors Flock to Safe-Havens
The price of gold is currently sitting at $4,662.42 per ounce as of August 24th, according to CNBC's Gold/US Dollar Spot Price.
This marks a higher trading value than Friday's price of $4,582.44 per ounce.
Investors often turn to gold as a safe-haven asset during times of economic and political turmoil, due to its reliable store of value and potential to perform well in market downturns.