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
Since the end of the Golden Standard in 1971, the world economy has been using paper money, which is not backed by anything, not a single physical asset. German economist Thomas Meyer spoke in an interview about what this led to.
The Australian government recently published a review of the upcoming year of gold mining in the country. It follows that in 2020, Australia will reach a maximum production of yellow precious metals at the level of 339 tons.
According to the World Gold Council (WGC), the Central banks of many countries of the world continue to pursue an active policy of increasing the gold reserves of their countries. According to experts, the gold reserves of many countries will continue to