The price of gold is rising amid economic instability and geopolitical risks, and may show new highs. But the main thing is not this, but the question, what is next?

The price of gold continues to grow due to uncertainties and geopolitical risks: as it turned out, the damage done to the Saudi oil infrastructure as a result of a missile (!) Attack can be eliminated within months rather than weeks. But the main thing is not this, but the question, what is next? What are the guarantees that this will not happen again? Was the paramilitary group Ansar Alla really the author of the action, or was Iran behind it? Or maybe there were internal contradictions in the big royal family of Saudi Arabia? Whatever the real reasons, it has already been voiced that Iran was the cause. Now the question is, what will be the answer to the Iranians?

All these issues significantly increase the uncertainty and risks of another Middle East “exacerbation”. And at the same time - they are laid down in the prices of assets - such as gold, for example. What will Iran calculate in foreign trade if all other settlement mechanisms are blocked? Through barter in gold. Gold is a politically neutral financial instrument that is not an obligation, and that is why it is in demand in times of geopolitical conflict and risk.