The latest gold price rally could see the market crash after a major spike.
The price of gold hit an all-time high on Monday morning.
The average price of an ounce of gold rose to $1,832.17.
The benchmark US$1,900 index, which is the US dollar’s benchmark for buying gold, has been hovering around $1k for several weeks now.
The rally comes as the US central bank has been signalling its intention to pump $1.5tn into the market to counter a slowdown in the global economy and the threat of inflation.
The Fed’s decision to start printing money in November sparked gold’s rally, which has now topped $1m a coin.
But now the price of the precious metal has started to fall.
The Dow Jones Industrial Average has been down 0.3% and the S&P 500 index is down 0
What you need to know about non-metallic gold