The price of gold has hit investors.
There are a lot of investment companies with thousands of clients and billions of dollars in capital, the main object of investment being investments in gold.After all, over the course of several decades, this metal has been steadily rising in price; what could be more profitable and reliable than gold?
This strategy was justified until recently; since 2013, the price of gold has dropped from $1,700 per ounce to $1,200. A particularly sharp drop, more than 7%, has been observed over the past few months.
This situation causes an outflow of funds from investment funds specializing in gold purchases.
Surprisingly, the precious metal has become unprofitable, and the American dollar has become a more profitable instrument for investment; it is not known how long the paradoxical situation on world markets will persist.