The media reported a decline in gold prices in the world
The price of gold is declining in the world, which indicates a decrease in concern in the market. This was reported by The Guardian newspaper on June 16.
"The price of gold, a classic safe haven asset, has declined today, which may be a sign that market anxiety is subsiding," the article says.
According to the publication, the price of gold as of June 16 decreased by 0.5% to $ 3,415 per ounce. Now it remains below its "historical maximum of $3.5 thousand."
According to the publication, exceeding $ 3.5 thousand will be a sign that the relative calm in the markets has come to naught.
On May 29, Fares Kilzie, the founder and head of CREON Group, called the reason for the rise in gold prices in the spring of this year the illegitimate restrictions of the United States and European Union countries, the increase in the marginality of gold mining and the outstripping growth of global debt. According to him, along with the increase in gold purchases by central banks and the downgrade of the US sovereign rating, this led to record revenue from gold sales.
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