On Monday, January 4, one ounce of gold was trading at $ 1,927, which corresponds to 1,570 euros. Thus, the growth of precious metals amounted to 1.5% and 1.1%, respectively, compared with the previous trading day.
As for silver, the value of this precious metal rose on Monday by 3.3% to $ 27.21 per ounce, and in the European currency, the growth was 3% to 22.18 euros. According to analysts, the growth of precious metals is primarily due to seasonal and technical factors. Moreover, stock markets also kicked off the new year 2021 with a rise in quotes. For example, the German Dax index has grown by 1.1% since the beginning of the year, and the bitcoin cryptocurrency rate does not even think to stop.