As a result, gold is seen to some as a safe haven and, in theory, increased demand results in a rise in price. Over the last 20 years, annual inflation has averaged 3% in the UK, according to the ...
Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 8:17 am ET, was $2,643 per ounce. That’s down 0.12% from yesterday’s gold price of $2,646.
In fact, gold is typically viewed as a safe-haven asset and inflation hedge. As of December 18, 2024, the price of gold is $2,646.73 per ounce, according to American Hartford Gold. While that ...