The price of gold may rise over the next twelve months to $ 2,000 per troy ounce amid worsening economic problems in many countries of the world. This forecast was announced by the investment company VanEck.

The Kitco News news agency, covering the global precious metals market, published an interview with Alex Mashinsky, director of Celsius Network. He spoke about the current situation in the global economy and finance.

Bloomberg reported that the yellow precious metal is now the most profitable exchange asset, increasing in price by 15%. Gold quotes since January rose $ 250, reaching $ 1,725 ​​per troy ounce.

Analysts at the American investment bank JP Morgan published a market review in which they indicate that the national currencies of many countries will depreciate, and gold in this situation will be the only winner.