The gold market has entered a period of price increases, which can last from two to three years, says a senior adviser to the company Metals Focus Filipp Klapviyk (Filip Klapwejk).
Since January, the price of gold rose nearly 30%. June 23, most people in the UK voted for Brexit, which also led to increased demand for safe assets. Some analysts have pointed out that the price of an ounce of gold could rise to 1.5 thousand US dollars at the beginning of 2017 from the current 1.3 thousand dollars per troy ounce. According to the analyst, despite the rise in gold prices in 2016 should not be expected that the situation would be similar to what it was in 2009 and 2011.
"The investment (in gold) is now quite stable and will increase in the future. Gold prices will therefore grow in the next 2-3 years, but it will not be so fast as in the previous months of this year, and not as in 2009 and 2011 ", - quotes RIA Novosti analyst words. He believes that gold production will be slightly lower than last year, and will remain at the level of 2015.
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