Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Gold price hits record high

The price of gold has hit a record high, climbing above the $1,500 per ounce mark, after investors returned to the metal following a drop in confidence about global economic recovery.

It is believed the price is being driven by trading in Hong Kong as a result of Standard & Poor’s downgrading of US debt.

The value of silver also continues to climb, with a 31-year high of $44 per ounce.

MRW prices show that fine gold prices have risen from £25.72 per gramme in mid-February to £27.71 per gramme this week. Silver also continues to climb, reaching £0.761 per gramme this week from £0.732 per gramme last week. MRW recently reported that silver has shot up in the past year by 240%, according to our prices.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.