For the first time in history, gold reached the price mark of $ 3,500 per ounce.

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The price of gold has updated its historical maximum, for the first time exceeding the mark of $ 3,500 per troy ounce. This is evidenced by the quotations of June gold futures on the Chicago Mercantile Exchange.

During trading, gold rose 2.3% to $3,504.2 per ounce.

Gold is rising in price amid continuing concerns about the effects of a trade war, a weakening dollar, and criticism of the Fed by US President Donald Trump.