Gold Breaks $3,000 for First Time Amid Global Uncertainty

Market analysts anticipate the gold rally to persist this year.
Gold Breaks $3,000 for First Time Amid Global Uncertainty
Three 1kg gold bullion bars lay on the counter in a gold dealers in Birmingham's jewelery quarter in Birmingham, England, on Dec. 13, 2023. Christopher Furlong/Getty Images
Andrew Moran
Updated:
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Gold is glittering on Wall Street as the traditional safe-haven asset topped the psychological milestone of $3,000 for the first time amid global uncertainty.

This year, gold prices have risen nearly 14 percent. The yellow metal will also register a weekly gain of about 3 percent.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."