In anticipation of the devaluation of the US national currency, the price of gold increased on the morning of December 27.
According to Report.ge, the price of February gold futures on the New York Comex Stock Exchange increased by 0.14%, to $ 2.45, and amounted to $ 1,811.25 per ounce.
Investors expect the dollar to weaken, which will further increase the price of gold.
Investor interest in gold declined in 2021. Investors invest in more profitable assets, cryptocurrencies, and commodities.
