The cost of gas in Europe jumped above $2400, gold fell in price

The cost of gas in Europe rose yesterday on the British ICE exchange by more than 10%, exceeding $2400 per thousand cubic meters. The last time it reached this level was in early March, Prime news agency reported. Near-term futures contracts on that exchange rose in July compared to June by about 50% - the average cost of about $ 805 per 1,000 cubic meters. For comparison, in the summer months of last year it was in the range of $500. According to RIA Novosti, such steadily high prices are observed in the region for the first time in the history of monitoring.

Gold fell in price by 1.15% to $1,794.60 per troy ounce at Comex exchange by Monday night. The rise in the dollar against major currencies contributed to this, Mark Chandler, market strategist at financial firm Bannockburn, was quoted by Market Watch. It's impossible to predict the further behavior of precious metal quotations at this time, believe a number of experts, including leading analyst at Oanda Craig Erlam. At the same time, according to the latter, it is obvious that the level of $1800 is now the resistance level.