Prices of precious metals continue to grow.
The ounce of gold of 31.1 gram cost $ 3,699 on Tuesday.
Gold only increased by 40 percent only this year, which reflects geopolitical tensions, high inflation expectations, the announcement of the FED to reduce interest rates (euro is already on $ 1,187).
In addition, central banks, especially in Asia and the Middle East, continue to buy gold for their reserves, while they are increasingly moving away from dollar investment, SEEbiz reports.
World Council Research for Gold, which included 73 central banks, has shown that 95 percent of banks increase their gold reserves in the next twelve months, while almost three-quarters will reduce their dollar reserves.
