Gold prices reached their lowest level for the first time since mid-October 18:22

The cost of December gold futures fell to $2,672.1 per ounce (-2.82%) on the New York Comex Exchange. Data Valid at 16:50 Moscow time.

The price of the precious metal fell below $2,700 for the first time since October 17.

October 30 gold price updated a historical record, exceeding $2,800 per ounce for the first time. At the time, analysts announced that new records were set in the gold market as demand for safe haven assets increased due to ongoing concerns about worsening conflicts in the Middle East and uncertainty about the US presidential elections.

Formerly Deputy Head of the Ministry of Finance Alexey Moiseev statedIt is stated that it is currently not safe to keep savings in foreign currency. Describing Gold as a reliable long-term investment, he added that if you have enough savings, you can keep 10% in it.

Russians before entered It is among the top five buyers of gold jewelry.

What are you thinking?



Source: Gazeta

Popular

More from author

Kim Kardashian was ridiculed for her photo wearing a bodysuit on a motorcycle: “I’m trying to compete with Bianca” 12:15

Reality TV star, model and businesswoman Kim Kardashian was ridiculed for a photo of her wearing a dress on a motorcycle. Photos and comments...

Ukrainian tennis player had to change his jersey after defeating Russia 12:13

The Women's Tennis Association (WTA) forced Ukrainian tennis player Alexandra Oleynikova to change her jersey because of symbols supporting the Armed Forces of Ukraine...

Russians urged to pay bonus for rejecting New Year’s corporate party 11:42

In Russia, cash bonuses must be paid to employees who refuse to go to a New Year's corporate party. This proposal was forwarded to...

Russia and North Korea agreed to publish objective information about themselves in the media 11:39

Russia and North Korea agreed to promote objective information about themselves in the media sphere and combat disinformation. The relevant document is published at:...