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Price of gold up by 12.8% since January

by mariam.mtivlishvili
July 15, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
The price of gold export from Georgia increases

Galt&Taggart reported that gold prices on global markets were stable in June. Despite the one-month stability, from the beginning of 2024 to the end of June, the price of gold on the world markets increased by 12.8%.

“According to a survey by the World Gold Council (WGC), 81% of central banks expect gold reserves to increase in the next 12 months. It is worth noting that 13% of central banks in developed economies intend to purchase gold. So far, developing countries have been the main source of demand growth,” Galt&Taggart said.

 

By Mariam Mtivlishvili

 

Tags: gold prices
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