Organized by


Thursday, 21 February 2019

The value of gold is rising

The value of gold is rising

The yellow metal shines and not only on fingers and in safes. In fact, according to studies, gold is now only surpassed by palladium, and, thanks to purchases by the central banks, the price has increased in recent months to over 1,327 dollars.

Considering that as recently as August 2018, it was “only” 1,200 dollars, gold continues to rise in value, after a slight drop recorded last year, thanks to the dollar becoming stronger and to days during which the stock exchanges recovered.

Key factors of this growth are definitely the central banks, as IlSole24Ore underlines when it affirms how these banks are adjusting the monetary policy route and, at the same time, accumulating gold reserves at rates that have not been recorded for half a century.

According to the World Gold Council, in fact, in 2018 there was an increase of over 651 tons (Russia) and China has also recently started to buy gold again.
The Chinese central bank’s reserves, unchanged since October 2016, increased by 10 tons last December and another 11.8 tons in January 2019. At the same time, Peking and Moscow are decreasing their American government bond reserves: in November, the Chinese central bank had 1,121 billion dollars of Treasuries, the least recorded since May 2017.

Live #vicenzaoro


    A complete guide to make your visit smooth, always at hand. Your badge, the exhibitors list, the maps of the halls, the events program and all the useful information to get around Vicenzaoro in the best possible way.

    Subscribe here

    Consent for the purposes of privacy
    Having read the information communicated to me, I declare the following intention regarding the processing of data for independent direct marketing purposes by third-party IEG partners (purpose 4 of the privacy notice).


    Subscribe to our newsletter to stay up to date on the latest news in the world of jewelry and events.
    © ITALIAN EXHIBITION GROUP SpA© All rights reserved - Via Emilia 155, 47921 Rimini - CF/PI 00139440408 - Registro Imprese: Rimini P.I e n. Reg. Imprese 00139440408 - Capitale Sociale € 52.214.897 i.v.
    Your browser is out of date!

    Update your browser to view this website correctly. Update my browser now