Gold prices on Monday reached their highest value for the entire observation history. At 9:32 am, the precious metal was traded on the Comex exchange at $ 1931.90. The previous record - $ 1911, 60 - was set in 2011 year. Demand for gold as a safe asset is supported by deterioration relations between the United States and China and concerns around the coronavirus. The number of new infections in the United States and some other countries are growing, which carries risks for further development of the economy due to a possible tightening quarantine measures. Similar sentiments are provoking a decline in oil prices. On at the time of this writing, Brent was down 0.64% to $ 43.50, WTI - up 0.58% to $ 41.05. Investors are worried about the future demand for oil due to the situation with the coronavirus - despite the fact that it has recovered significantly since spring, a new wave of the pandemic may hit him. Uncertainty in the outlook for demand was noted by ING specialists in an interview with Reuters.