|Highest price USD/oz||
|Lowest price USD/oz||1,309.95||16.16||899.00||893.85|
of gold, under the influence of sharp rhetoric of US President Donald Trump, who was threatening Russia, while American and Russian fighters seamed to meet in direct combat, experienced its maximum already a few days before this attack. Finally, the military response was not so sharp. Russia was warned against the intervention in time, and could withdraw its forces. It is good to note that the attack on Syria was realized overnight from Friday to Saturday with the stock market trading halted, and markets had enough time by Monday to assess
the situation and avoid panic. It is clear from the attack timing that powers are afraid of the market reaction when even a small detonator may trigger a large explosion.
of the meeting made us forget recent flights of North Korean missiles over the territory of Japan, and it seems that the „missile“ enemy becomes a friend of the West. Gold and other metals have responded to this reconciliation by falling to their several-week lows. However, this is only the beginning of a long journey, and analysts are not entirely convinced that Kim would give up its nuclear program so easily. It sounds like that North Korea is confident that when they have a functional nuclear weapon, the world must perceive them as another nuclear power, and it is better to talk than to attack each other.
in saving into investment gold and silver in the Czech Republic and Europe, IBIS InGold, is also experiencing growing interest in investment into physical precious metals, mainly gold. The amount of the monthly saving negotiated was increased by 46% compared to the previous year and it is moving towards
CZK 6,600 in average while the clients can save already from CZK 100.
the implementation of duties and protective measures on the part of USA. There has been speculation that these measures will also affect Europe in addition to China, and it could be another step leading towards the trade war, the World against USA.
Chief Executive Officer of IBIS InGold®, a. s.