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05.07.2019 01:39 PM
Upgrade: Experts predict rise in Gold prices

According to some analysts, we can expect a rise in the price of the yellow metal in the near future. Experts believe that the value of gold, entrenched at around $ 1414, resembling a lucky ticket, will exceed this figure.

Experts believe that global geopolitical instability and the beginning of a new cycle of monetary easing by central banks are preparing the ground for the so-called "ideal storm" in the gold market. In many ways, this is facilitated by a temporary lull in the US-Chinese trade war.

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The destabilization of international relations, affecting a number of countries, contributes to the global economic imbalance. According to analysts, there is a struggle in the world between various concepts of globalization - for example, the principle of free trade in the so-called "world without borders" conflicts with the growth of trade protectionism, etc., particularly gold as experts emphasized.

According to some analysts, we can expect a rise in the price of the yellow metal in the near future. Experts believe that the value of gold, entrenched at around $ 1414, resembling a lucky ticket, will exceed this figure.

Experts believe that global geopolitical instability and the beginning of a new cycle of monetary easing by central banks are preparing the ground for the so-called "ideal storm" in the gold market. In many ways, this is facilitated by a temporary lull in the US-Chinese trade war.

The destabilization of international relations, affecting a number of countries, contributes to the global economic imbalance. According to analysts, there is a struggle in the world between various concepts of globalization - for example, the principle of free trade in the so-called "world without borders" conflicts with the growth of trade protectionism, etc., particularly gold as experts emphasized.

Larisa Kolesnikova,
Analytical expert of InstaForex
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