The forecast of the gold price in the future.Admin
As for the future prospects for the price of gold, analysts from the World Gold Council (WGC) note that the increase in interest rates, of course, carries a certain risk for the yellow precious metal, but the geopolitical situation (the conflict between Russia and Ukraine), as well as the inflation problem, confirm the need to insure their assets with gold.
In principle, in the event of a significant easing of tensions in Ukraine, a decrease in the tactical positions of gold is possible, but this is unlikely to have a negative impact on the long-term strategic positions of the yellow metal. Given the gloomy economic outlook, high inflation rates and the real explosion of the money supply over the past decades, it is currently recommended to hold part of your assets in gold.
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