Andrey Litvinov

Precious metals are protective assets that provide financial well-being to their owners against the background of unfavorable conditions in the stock markets and depreciation of paper currencies. On average, the "useful life" of paper currency is 25-40 years. Then, as a rule, it is depreciated if governments increase budget spending.

At the beginning of last week, the price of gold rose amid a decline in the dollar index relative to most of the leading currencies. The yellow metal also rose in price due to a negative reaction from traders to the prospect of tightening the Fed's monetary policy.

Let's talk about the forms of physical gold and the factors that should be taken into account when buying precious metal.