InternationalInternational Economics

$ 13 rise in gold prices


According to the Fars International Economic Group, quoted by Reuters, the price of gold in today’s trading reached the highest price of the past year and a half due to the attractiveness of the security of this precious metal.

Gold is considered a safe source of investment in times of political and economic instability.

Price Palladium It also reached its highest level in the metal’s history, with nickel prices rising more than 20 percent due to concerns about supply disruptions due to Russian sanctions.

With the escalation of the Russia-Ukraine conflict and the possibility of a Moscow oil embargo, oil prices hit a 14-year high. The price of gold reached above $ 2,000 today.

Rising raw material prices raise concerns about economic growth in countries still recovering from post-epidemic economic conditions coronavirus Are, created.

Gold rose $ 133.8 to $ 1983.78 an ounce at the time of writing.

GoldTrust gold reserves, large Most The global gold-backed investment fund rose 0.4 percent to 1,054.3 tons on Friday, the highest level since mid-March 2021.

Price Palladium It rose 5.6 percent to $ 3170.49 an ounce. The price of this metal reached $ 3172.22 in the first trading hours, which is the highest figure in the history of selling this metal.

Russia 40% Palladium Supplies the world used in automotive and catalytic converters to reduce greenhouse gases.

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