Andrey Litvinov

Индия – вторая по величине страна-потребитель золота в мире после Китая. Индийцы обеспечивают свою финансовую безопасность с помощью инвестиций в золото. Более 75% индийских домохозяйств владеют драгметаллом в виде слитков, монет и ювелирных изделий.

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%.