Russia knew that it was necessary to invest in gold
Gold prices are skyrocketing. Its value has fixed at the level of 1350 American dollars per ounce. Experts attribute the increased interest of professional investors in this precious metal with the introduction of anti-Russian sanctions.
That gold is that "safe haven" in which capital prefers to sit out a geopolitical storm. Investors are afraid of trade wars between the United States and China, the possible response of the Russian Federation to US sanctions. They are also scared by the prospect of a direct military clash between Russia and the coalition forces of the United States, Britain and France in Syria. The missile attack of the Western coalition on the Russian ally and the harsh statements of the parties in the future threaten a conflict of nuclear powers, which cannot but affect the volatility of the stock market.
Stock traders have already purchased gold for 2303,31 tons - this is the maximum figure for the last 5 years. Experts warn that in the future, gold may again fall in price if the US Federal Reserve raises its key rate. However, precious metals have historically remained a reliable protective mechanism for investors.
It is worth recalling that in 2014 the volume of physical gold in Russia amounted to 1035 tons. On April 1, 2018, the size of stocks came close to the mark of 1900 tons.
That gold is that "safe haven" in which capital prefers to sit out a geopolitical storm. Investors are afraid of trade wars between the United States and China, the possible response of the Russian Federation to US sanctions. They are also scared by the prospect of a direct military clash between Russia and the coalition forces of the United States, Britain and France in Syria. The missile attack of the Western coalition on the Russian ally and the harsh statements of the parties in the future threaten a conflict of nuclear powers, which cannot but affect the volatility of the stock market.
Stock traders have already purchased gold for 2303,31 tons - this is the maximum figure for the last 5 years. Experts warn that in the future, gold may again fall in price if the US Federal Reserve raises its key rate. However, precious metals have historically remained a reliable protective mechanism for investors.
It is worth recalling that in 2014 the volume of physical gold in Russia amounted to 1035 tons. On April 1, 2018, the size of stocks came close to the mark of 1900 tons.
Information