The gold price varies in a narrow ranging today. But, what the next will happen ? What is the price on gold in future for us ? How a changed price would impact the production volumes?
Information for thinking.
* Graph of gold prices per day, week, month (up to 10 years)
In long term, only the "golden parachute", can save countries economie from serious shocks. In these condition, we can safely say, that , 2017 - is ideal for quick increase in volume of golden reserves
Rise in gold prices allows to account holder receives a stable income. Given a quotations dynamics on the stock exchange, analysts offer their clients, to make a similar investments for the long term. In this case the profit can be much higher, than for a short-one capital investment.
Speaking about an economy, as is already mentioned, it can't be called too stable. Its worth emphasizing that, on principle, this product cost would grow. In instability conditions, people try keep their savings in a " solid " currency. So, they buy gold bars, and then they could be sold at any moment. According to the world's famous economic law - demand increases supply - you can be almost sure gold price, in 2017, is stable increase ( at a moment of crisis continues)...
What should be prepare for?
To be frank, today it is hard to say exactly what to expect from gold in 2017, because all factors that influence it , have a fairly strong variability, and therefore, rather difficult to have control over.
However, most experts believe that, it is possible to expect metal value increase, because a following factors would be conduce for it :
- Firstly, - the gold mining companies owners will do everything possible to ensure gold demand kept at a high level, because otherwise they will suffer financial terms greatly, what is nobody wants;
- Secondly, - gold is exploited as a reserve, - in recent years, many of countries have experienced crisis. But today, - the situation is gradually returning to normal, - and it can be assumed, that some will start buying up a precious metals on wholesale prices;
- Thirdly, - a gradual of product decrease in the stock on our planet bowels leads to that fact , that it would be considered a scarce commodity and would mean, that it would simply cost a lot, and soon it will be even difficult to buy.
In addition,analysts are aware of existence of the "triangle theory", according to which, in 2015 value of metal fell, in 2016 stabilized, so, in 2017, likely, rapidly grow...
What a conclusion could be?
Finally, it should be sum uped the all above-described information by the fact, that gold dynamic, in 2017, is quite high. An increase in value by an average of 5%, in many depends on economy and an unstable situation in foreign exchange market. In addition, metal price simply can not be reduced, because the world's metal reserves are gradually drying up. So, a companies, engaged in its production, raise a prices (which is quite logical). However, that dynamics can called positive for the whole country, because taxes from gold purchase and gold sale , go to the state treasury. The more payment for it, then a budget becomes more filled. And in financial deficit conditions, this not only can just be help, but will gladden.