Analytics

After the outbreak of the Ukrainian crisis, the West imposed sanctions on Russian gold. However, bullion from Russia, which is classified as produced before March 7, 2022, can still be sold. Swiss refinagers can still legally import such gold, though most have said they will not.

US investment bank Goldman Sachs recently raised its forecast for gold to $2,500 an ounce by the end of 2022. The reasons for the appreciation of the precious metal are the high likelihood of a recession in the United States. Recall that at the end of last year, quotes of the yellow metal fell by about 4%.

By 41 BC, just a few years after the assassination of Julius Caesar, a three-man dictatorship known as a triumvirate ruled in ancient Rome. It consisted of: a general named Marcus Emilius Lepidus, Gaius Octavius, who eventually became emperor Augustus, and Marcus Antony.

Preliminary data from the United States Geological Survey.

Under the leadership of Ales Michl, director of the Czech Central Bank, it is planned to increase the institution's gold reserves by almost 10 times - from the current 11 to 100 tons. In his opinion, the yellow metal is a great tool for diversification, because it does not correlate with stocks.