According to CNBC, in the face of negative debt yields, “solid” assets, such as gold, are again coming to the fore. Some experts believe that there are all conditions for the precious metal to grow to $ 2000 per ounce.
The world price of gold continues to trade at a maximum of the last six years. The growth driver for the precious metal is the escalation of the trade conflict between the United States and China, as well as concerns about the prospects for the global eco
The price of gold in Asian markets showed a decline after it became known that the US Federal Reserve lowered the interest rate, as expected the day before. But at the same time, a hint sounded that a further reduction in rates would not be long.
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At the end of September this year, the agreement of the Central Banks of Europe (a total of 21 banks), which provided for the restriction on the sale of gold from reserves, ends. As it became known recently, European Central Banks will not extend it, so a