It is predicted that the price of gold will rise sharply – up to 130 dollars per gram
The general manager of “Swiss Asia Capital” Juerg Kiener predicted that an ounce of gold will rise to $4,000 next year due to economic crisis concerns.
A big one in the gold market rise in price The expert who said that the probability is high, precious metal 10 or 20 that the interest rate will not rise, that there will be higher increases and that the price of 1 ounce of gold will be 2,500 – 4,000 dollars predicts that it will rise to the range.
Noting that many countries will face recession in the first quarter of next year, Kiener said that central banks will slow down the pace of raising interest rates and this will make gold more attractive.
20Since the beginning of the 00s, the annual average price of gold10Stating that it is between %, Kiener said, “Next year’s growth has not been observed either in the bond market or the stock market.”
According to the report of the World Gold Council, in the third quarter, central banks collected about 400 tons of the precious metal, which is more than 4 times more than the previous year.
Gold prices Tuesday USA the depreciation of the dollar increased. Prices 1800 which is the critical level dollars crossed the level and saw 1817 dollars.
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