Gold and silver price rises

Across the world market, the price of gold increased steadily and reached its maximum over the past year.

In February-March 2020, the silver price declined, and since May, it increased drastically.

The relative stability in gold and silver prices is predicted in 2021; the review of TBC Capital reads.

Under the document, in the second quarter of 2020, gold exports from Georgia increased by 54% from an annual point of view.

In other minerals market sectors, exports of steel and ferroalloys fell sharply (-59% and -29%, respectively).

Following the survey, in March 2020, the oil price dropped sharply, and its growth has been stable since June.

In 2021, the average price is supposed to increase by 8% compared to the current cost.