According to Reuters poll results, analysts expect that the trend of rising gold prices will continue in the coming months. In the next 12 months, the average price of gold could rise to $4000 per ounce - a record high in history. The rise is linked to increased demand for safe-haven assets, including US Treasuries, and geopolitical conflicts. Specialists are currently discussing the possibility of a global recession, which could force central banks to cut interest rates and increase financial support. "Investors are looking for active, which could protect them from inflation and financial instability, " - experts say. "Gold remains a symbol of financial stability." The price of gold is also supported by purchases by central banks of China and India. However, central banks of non-G7 countries are trying to increase gold reserves, which fully supports the trend. Some experts predict that such high levels of value may be temporary, and the price will adjust to the risks of possible development.
