Gold rose $ 20 today

According to the Fars International Economic Group, quoted by Reuters, the price of gold in today’s trading due to concerns about the conflict between Russia and Ukraine and the security of this precious metal for investors increased and exceeded the level of $ 2000.

Gold traded up $ 20 an ounce in 2018, up $ 20.

Palladium also reached its highest level in sales history due to concerns about a shortage of the metal due to the Russian-Ukrainian conflict. Any Ounce palAdium rose 1.4 percent to $ 3037.76.

Expected, financial constraints, big The largest manufacturer of metal catalytic converters will disrupt shipments of this product and make supply shortages worse.

Ole Gold is less volatile because of its security, Hansen said.

“We are facing a period of very high inflation when central banks are challenged and this is pushing investors towards the gold market.”

According to analysts, gold has always been considered a safe source of investment in times of political and economic instability, and in the midst of concerns about record inflation and rising oil prices could reach $ 2072.50, the highest in the history of this precious metal. Price will increase on August 7, 2020.

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