The cost of gold is growing due to tensions in the international arena, again overcoming the round mark of $ 1800 per ounce, evidence of trading data.
“Prime” writes that the price of February Futures for gold on the New York Stock Exchange Comex grows by $ 2.1, or 0.12%, to $ 1801.4 for the Troyan ounce. Martov futures for silver is becoming more expensive by 0.66%, to $ 22.54 per ounce.
Traditionally, gold acts as a resource that investors are preferred to acquire in case of complex and dubious situations. Recently, the demand for such assets is maintained by international tensions initiated by the concerns about the contradictions around Ukraine and Russia, the Russian edition notes. The focus of investors will also contain meetings of the European and British Central Banks on Thursday. In case of increasing accounting rates, the demand for the national currency will increase, and the precious metal will decrease.