Business & Finance: Rebooting Ireland: Gold price surges over $2,000/oz for the first time in history


The price of gold surged to over $2,000 per ounce, supported by growing demand for gold in Ireland, the UK and globally as the pandemic takes its toll on economic growth and the finances of nations globally.

According to Mark O’Byrne, the Research Director of GoldCore, Ireland’s longest established gold broker “Gold has surged to new record highs in all major currencies this week including new record highs in euros at €1,720 per ounce due to concerns about the outlook for the Eurozone economy and the euro.”