Price of gold will gradually decrease on world markets-FORECAST

Price of gold will gradually decrease on world markets-FORECAST
# 01 November 2022 11:35 (UTC +04:00)

The World Bank lowered its forecasts on the global average price of gold for 2022, while has not changed its forecast for 2023, APA-Economics reports citing the next report of the World Bank on commodity markets.

According to the report, the average price of gold in 2022 is likely to be $1,775 per troy ounce, which is 105 points lower than the previous forecast. The specialists of the bank predict that this indicator will be USD 1 700 next year, and USD 1 650 in 2024.

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