The forecast suggests that investors will flee to the yellow precious metal to protect themselves from persistent inflation: “The price of gold will rise by 20% to a new all-time high. Despite strong US growth, investors are looking to find security and inflation protection in gold amid rising prices and volatility. Gold is regaining the title of a haven for new billionaires, despite the fact that cryptocurrencies continue to conquer the market, ”said the expert.
If the forecast comes true, then the price of gold this year will reach a new record level - more than $ 2,160 per troy ounce.