Andrey Litvinov

During the pandemic period, the number of Indian citizens who sell yellow metal products increased sharply. This trend is related to the deterioration of the economic well-being of Indian families due to unemployment or reduced wages. The proceeds from the sale are used to pay for hospitalization and school fees, rental of housing or retail space. The gold reserve is spent as intended in conditions of instability.

During the first 6 months of 2021, the yellow metal exchange rate showed a fairly stable dynamics due to inflationary expectations and the Fed's soft monetary policy. Precious metal quotes kept the weak dollar and economic stimulus packages high.

The US gold coin Double Eagle of 1933 sold for $18.4 million! Bidding took place at the Sotheby's auction in New York. Now it is the most expensive coin in the world ever sold.