Financial expert Vladimir Grigoriev, candidate of Economic Sciences, said that investments in gold continue to be one of the most promising investments. It has been reported “Lenta.ru”.
According to him, gold investments are promising since economic stability will not come in the near future, neither in Russia nor in the West.
“The increase in the cost of gold in general in the first month after the start of the special military operation was extraordinary, the cost of gold rose to seven thousand,” said the expert.
He added that people will try to invest their money in something reliable.
“Gold is one of those assets,” the expert said.
Grigoriev emphasized that the price of gold will continue to increase in the global perspective, but you should be prepared for periodic failures.
Earlier, the Financial Times cited data from analysts from the World Gold Council (WGC). reportedAfter the results of last year, a significant increase was recorded in the demand for gold bullion in Russia. This 12-month indicator increased almost five times compared to values for the same period in 2021 and was the fastest growth of any country in the world.