Gold has hit an all-time high, surpassing levels seen during the Covid-19 pandemic and the beginning of Russia’s full-scale invasion of Ukraine.

According to the Royal Mint, which makes coins, the price of gold today is more than £3,000 per ounce, the highest since records began in 1968.

Back then, the precious metal was worth £14.64, or roughly £215 in today’s money.

In the US, meanwhile, the value of American gold hit $4,000 for the first time in history yesterday.

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