Andrey Litvinov

Director

Andrey Litvinov
Education:
  • Moscow University of International Relations
Experience:
  • 2004-present - Director of KALITA-FINANCE s.r.o., Prague
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About the author:

Head of the KALITA.gold project, more than 15 years of experience in the field of precious metals and numismatics.

Demand for gold has increased worldwide
10.16.2022
Around the world, there has been an increase in the popularity of gold investment bars and coins. The Perth Mint in September sold 88.5 thousand ounces of gold, which is 4% higher on a monthly basis and 36% on a 3-month basis, but at the same time lower by 10% on an annualized basis.
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Central banks cut gold purchases in August
10.01.2022
Central banks bought less gold in August than in previous months, despite lower prices for precious metal in the summer, according to the World Gold Council.
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When will the gold exchange rate come out of the downward trend?
10.01.2022
According to foreign analysts, the behavior of the precious metal over the next few weeks will play a key role in determining where the course will end up at the end of the year. Everything will depend on US employment and inflation data, as gold usually rises in price amid escalating geopolitical instability and market volatility.
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