The price of gold rose above $4.1 thousand per troy ounce

The price of gold futures on the stock market reached a record high of $4,104,000 per troy ounce. The relevant information follows from the Comex exchange data.

At the same time, as of 14:40 Moscow time, the price continues to rise slightly, fluctuating within $ 4.1 thousand per ounce.

Invaluable contribution: gold may rise in price by 10% to $4,300 per ounce

The precious metal has already strengthened 1.5 times since the beginning of the year, but does it make sense to invest in it now

On October 8, Alexander Schneiderman, head of Alfa-Forex's customer support and Sales department, said that the rise in gold prices was due to political instability in the United States. He also added that expectations of further easing of US monetary policy are contributing to the rise in gold prices. If the Federal Reserve System (FRS) reduces the discount rate to 3.75–4.00%, it will make dollar assets less attractive. As a result, central banks can reduce the dollar's share in their gold and foreign exchange reserves and increase gold reserves, Schneiderman said.

All important news is on the Izvestia channel in the MAX messenger.