Opinion: November 13, 2021. Gold is Expected to Increase its Price in the Next Months

in LeoFinance2 years ago (edited)

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The price of gold has increased since November 3, from US$ 1780 to US$ 1860. It is predicted that this price will continue to increase.

One of the reasons that experts mention is the fact that people buy gold in times of economic uncertainty. The news about the inflation rate increasing, together with the issues with supply chains are probably making people buy more gold

Another reason is the high demand for jewelry that it is being experienced. Jewelry is responsible for 50% of the total demand for gold. See this article for further information

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.
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Thanks for sharing this amazing post and do have a wonderful day.

The price of gold is increasing day by day. Of course, keeping gold reserves is one of the reasons for this.

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Just the other day I was talking about the price of gold in the office. I read your post with interest