The gold price hit a new record of $1,475 an ounce on April
8, leading analysts to debate if
it will soon hit the $1,500 mark.
The silver price rose to $40.41 an ounce on April 8, its
strongest level since the 1980s.
Observers called the metal’s continued rise a reaction to
global instability and the prospect of a government shutdown in the U.S.
On April 5, gold passed
the $1,450 an ounce benchmark.
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