The blistering rally in gold and silver has reached fever pitch as escalating tensions in the Middle East and a tight US election prompts more investors to pile into this year’s already top-performing commodities.
Bullion surged above $US2700 an ounce for the first time, extending its gain this year to 31 per cent. The gold price in Australian dollars also hit a record, punching through $4000 an ounce.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.