Gold has moved up again after its decline last week. Today at 9:26 am on the Comex, it climbed 0.06% to $ 1954.10 an ounce. On the week before last, the cost of precious metals was higher mark of $ 2000 dollars, last year it decreased by 4% within correction and against the backdrop of rising yields on US government bonds. However, the factors driving the purchase of gold are still relevant. Uncertainty about the prospects for the global economy preserved, and gold is traditionally viewed as an asset shelters for threats of various nature. In Europe at the moment the situation with the coronavirus is deteriorating, and therefore the quarantine is being tightened. In addition, this week investors are waiting for the release of the protocol July meeting of the US Federal Reserve to get an idea about what monetary policy will be carried out by the regulator in further. Players are also awaiting his comments regarding economic recovery after quarantine measures related to pandemic.
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