Gold prices on the world markets have reached maximum levels

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The price of gold on world markets has started to rise again and reached a historic high. This is reported by the RBC publication, with reference to its sources.

As far as we know, on August 1, the price of gold crossed the threshold of 2.5 thousand dollars per troy ounce. The demand for gold is due to the fact that the Central banks of many powers are increasing their gold reserves. Banks in Poland, Turkey, and India are most active in this area.

Recall that a troy ounce in grams is equal to 31.104 grams. A troy ounce is used not only for handling gold, but also for other metals. The international designation of a troy ounce of gold, silver,platinum and palladium, respectively, is XAU, XAG, XPT, XPD.