Due to the war in Ukraine, in 2022 there was an increase in investment in gold mining and a surge in interest in precious metal among investors and buyers. It was partly provoked by a high level of inflation of almost all world currencies, reports Al-Eqtisadiya.
“The maximum increase in gold mining in the world was recorded in 2021 – the growth then amounted to $ 198 million in the monetary terms. In 2022, as a result of the Ukrainian crisis, a new increase in investment in gold mining occurred,” experts say.
According to them, Russia can take advantage of this situation. The country has all the prerequisites for building profit: developed production and one of the largest gold reserves. Economists note that Moscow began transferring assets into gold at the beginning of 2022. Other countries can now follow her example.