Gold tops $5,000 for the first time as dollar slides, global risks mount

The price of gold surpassed $5,000 per troy ounce for the first time ever while silver also soared to record highs as precious metals have become an increasingly attractive asset class in the face of a weakened US dollar, uncertainty at the Federal Reserve and geopolitical turmoil.Spot gold was trading at around $5,110 per ounce on Monday morning while silver surged 8%, pushing deeper above $100 per ounce.Meanwhile, stocks opened modestly higher after two straight weekly declines. 4 The price of gold surp ...