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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Price of gold jumps above 5,000 US dollars for first time

The price of gold surpassed 4,000 dollars an ounce for the first time on Wednesday (Alamy/PA) -

The price of gold has lifted to another new record as its value continues to rally in the face of global uncertainty.

On Monday, the price of gold jumped above 5,000 US dollars (£3,662) an ounce for the first time ever.

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