I can tell you, so, there are expressed interrelationships between the price of gold and the general state of the world economy, the economy of individual regions, hepolytic phychotics. Central banks start to actively buy gold when confidence in the national currency, dollar or other assets starts to fall. Any instability leads to a rise in the price of gold. During a calm and stable situation on the market, on the contrary, they realize surplus stocks of precious metals, and the price of gold starts to decrease. You can verify this by looking at gold charts . This information will help you make the right decision.
I can tell you, so, there are expressed interrelationships between the price of gold and the general state of the world economy, the economy of individual regions, hepolytic phychotics. Central banks start to actively buy gold when confidence in the national currency, dollar or other assets starts to fall. Any instability leads to a rise in the price of gold. During a calm and stable situation on the market, on the contrary, they realize surplus stocks of precious metals, and the price of gold starts to decrease. You can verify this by looking at gold charts . This information will help you make the right decision.
Gold is an economically independent asset, therefore it is attractive as a risk diversification tool.