The conjuncture of the world market is in standby mode. Here it is worth adding serious political differences between some countries of the world. The price of gold receives support for recovery. Can we talk about the beginning of a new phase of growth?

It is worth recalling that the yellow precious metal is in high demand from investors in times of political and economic uncertainty. Gold is a litmus test that reflects the state of the world economy and the entire financial system. Now we can see signs that the situation on the gold market may soon change for the better.

Against the background of negative news, the price of gold continues to gradually consolidate. If the precious metal can overcome the mark of $ 1295 per ounce in the near future, then there will be a chance to continue the price rally to higher levels.