The price of gold reached a new historical high on Wednesday, exceeding $ 4,030 per ounce, as investors are looking for safe shelters for their money due to concerns about economic and political uncertainty around the world.

Gold has risen the greatest rise since the 1970s, increasing its value by about 30% since April, when US President Donald Trump has announced the imposition of duties that have upset global trade. Overall, in the last 12 months, the rise recorded by gold is greater than 50%.

Analysts say another issue that worries investors is the delay in the announcement of significant financial data due to the US government’s shutdown.

Gold is regarded as a so -called “safe” investment, which is expected to maintain or increase its value in markets of markets or economic downturn, the BBC reports.

Rally and for the gold pound

The upward course of gold is followed by the golden pound, which broke another record on Wednesday.

According to the Bank of Greece, the sale price of a gold pound reaches 922.46 euros and its purchase price, 787.31 euros.

Two weeks before its price was 850 euros.

Meanwhile, according to data recently announced by the BoG, the Golden Pound markets by individuals have been “fire”.

Overall in the 9 months, 32,002 gold pounds have been sold by individuals to the BoG, and 5.399 have been purchased.