Gold prices jumped to US$1,946.72 an ounce on Tuesday, eclipsing the previous high of US$1,920 during the financial crisis in September 2011. 123rf Trade and coronavirus jitters have sent overseas gold and silver prices soaring. READ MORE:* Business brisk with gold traders as NZ gold price hits at all-time high* Gold prices down but advisers warn investors to approach with cautionAdam van Sambeek, treasury manager at Morris & Watson, said that people had been rushing to gold and silver for months. 123rf Silver prices have also rebounded strongly since a Covid-19 selloff in March. That meant many silver customers were unable to get hold of the product physically, although it could be bought on the futures market.

Source: Stuff July 28, 2020 00:33 UTC