RIA Novosti: price of gold to stay at $2,000 an ounce until fall

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The price of gold will remain at $2,000 per ounce at least until the fall. DEA News With reference to the analysts interviewed.

The stability of the gold price contributes to the high level of inflation in the world.

“Particularly, core inflation, which is in no hurry to fall to target levels despite efforts by world central banks to reduce the true value of investors’ savings,” said Alfa Capital analyst Alexander Dzhioev.

His colleague Andrey Maslov from FG “Finam” believes that the price of gold will fluctuate between $1900 – $2100 per ounce, as most of the financial sector’s problems in the US and EU have already been resolved.

How much gold prices will change after the fall, according to Dzhioev, depends on the US Federal Reserve and the ECB’s anti-inflationary measures and their consequences.

Previously recognizedThat the Russians increased their gold investments by 88%, to 420 billion rubles.

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