The price of gold has reached the highest value for six years

The value of gold has reached $1,482 per ounce hitting the highest price in six years. The precious metal is gaining popularity due to the fear that the tariff conflict between the U.S and China will last for months.
“In addition, the super low, and sometimes even negative interest rates, which can be observed in most developed countries of the world, trigger a long-term demand for this precious metal,” Andrzej Kiedrowicz from PoznajRynek.pl noted.