The price of gold is at the highest level in nine years. For the first time since 2011, we have to pay more than $ 1,800 per troy ounce of gold. That is, it is converted to 1.589 euros. The rise in the price of gold has been as a direct result of the coronacrisis.
finally, The gold prices have been rising for more than a year, partly due to the handelsspanningen on a global scale. Investors have retreated this summer to the gold medal.
in the past few months, there will be even more economic uncertainty due to the coronacrisis. Gold is investors ' safe haven in times of turmoil. Even during the financial crisis, there was a lot of demand for gold.
in Addition, investors are afraid of inflation because the central banks and the interest rates decrease. This other property worth less and less, and the rate of return on government bonds is lower, making gold more attractive to buy.
It is reasonable to assume that the price of gold in the next few months, the recordprijs of 1920,30 us dollars per troy ounce of gold is going. The record was made in 2011 and passed it. "We have a tap at the end of this year, maybe even $ 2,000," said an independent expert, Ross Norman, who Reuters news agency.