Gold price breaks through 5000 US dollars, global volatility fuels the rise of precious metals.

The spot price of gold has exceeded $5000 per ounce for the first time, continuing its previous sharp rise. This surge is partly due to the reshaping of the international relationship by US President Donald Trump's policies, and also because investors have been withdrawing from sovereign bonds and foreign exchange markets. In early trading on Monday, the price of gold rose again. Last week, the price of gold had already risen by 8.5%, and the weakened US dollar further boosted demand for precious metals. The Bloomberg Dollar Spot Index fell by 1.6% that week, marking the largest weekly decline since May, making gold and silver more affordable for most global buyers.