At the auction on Wednesday, April 16, the exchange cost of gold for the first time during the entire observation time exceeded $ 3.33 thousand per troika ounce. Experts associate this with sharply increased demand for precious metal in the world. Investors began to purchase an asset more often to save money due to fears that Donald Trump, who are unleashed by trading wars, will lead to global acceleration of inflation and inhibiting the growth of the world economy. At the same time, the central banks of different countries continue to acquire gold in large volumes. According to analysts, many Central Bank have doubts about the prospects of the dollar, so the regulators massively transfer their financial reserves into precious metall. It is noteworthy that the observed increase in prices has already helped Russia to compensate for almost a third of the reserves frozen by the West. As an Wednesday, April 16, the world’s gold prices have updated the historical maximum. During the trading on the New York Exchange, the cost of precious metal grew by 2% and for the first time during the entire observation exceeded the $ 3333 mark for tire ounce. From the beginning of 2025, golden quotes had already rewritten a record 23 times. Experts in many respects associate this with sharply increased demand for precious metal in the world. As Vitaly Manzhos, the BCS Investment Mirzhos, told RT, investors began to purchase gold more actively because they fear the consequences of the US trade wars. “From a macroeconomic point of view, the demand for gold is fueled by the growth of global inflation in combination with the inhibition of the global economy amid the policy of improving US duties. In this regard, the escalation of the tariff confrontation between the United States and China is particularly acute, ”Manzhos explained. Recall that back in February, Washington introduced increased tariffs in the amount of 25% of steel and aluminum imports, and in March, it has overlaid a number of goods from China, Canada and Mexico. At the same time, in early April, US President Donald Trump signed a decree on the introduction of a state of emergency in the country and on limiting products from more than 200 states. The head of the White House explained his decision by the threat of a growing trade deficit for national security and the American economy. In his words, for many years the states bought much more goods abroad than they themselves sold abroad, and this did not allow the country to increase production capacities and made the American military -industrial complex dependent from foreigners. Against this background, according to Trump, the introduction of tariff barriers could lead to the movement of production in the United States, which would create jobs and reduce dependence on external markets, and also help partially close the hole in the budget and reduce the trade deficit. Also on the topic “International Economic Storm”: why did Trump’s duties cause panic in world markets on bidding on Monday, April 7, the exchange indices of leading stock platforms in the world collapsed by 4-13%. At the same time, the Bitcoin course … For most states, from April 5, the American administration introduced import duties of 10%, and for the rest, it installed individual trading barriers from the 9th. For example, a 20%tariff rate began to operate from the European Union, 24%from Japan, 26%from India, 34%from China, 36%from Thailand, and 46%of the large -scale administration of duties over 75 states turned to Trump to discuss the reduction or removal of barriers. The American president initially ridiculed this behavior and stated that due to established restrictions, many countries “kiss him in the ass” and offer to do “anything” to conclude new trade transactions. Nevertheless, on April 9, the head of the White House ordered to postpone the introduction of increased tariffs for 90 days: during this period, for all countries, except China, the level of 10%will have to maintain duties for the PRC in Washington by the fact that the Asian Republic reacts to the actions of the United States “not according to the rules”. So, unlike many other states, China did not ask for negotiations, but introduced mirror tariffs in the amount of 34%. In response to this, Trump increased its rate to 104%, and Beijing reacted to this step, raising the restriction level to 84%. Then the head of the White House raised duties to 125%, and the Chinese authorities did the same. At the same time, the American administration clarified that the total level of all the introduced tariffs against the PRC has already reached 145%, and in the future it can be raised to 245%. As already calculated in the World Trade Organization, further escalation of tension between the United States and the PRC can lead to a decline in the American-Chinese trade by 80%. Moreover, the tariff war can result in serious consequences not only for both countries, but for the entire global economy, are confident in the WTO. “The potential fragmentation of international trade in geopolitical lines causes special concern. The division of the global economy into two blocs can lead to a long-term reduction in the real GDP of the world by almost 7%, ”said the Director General of the WTO NGOZI Popji-Ivela. Gettyimages.ru © Diegograndi note that gold is traditionally considered a protective tool in case of various risks. Thus, with the strengthening of political or economic uncertainty in the world, participants in the global financial market begin to massively buy precious metal as one of the most reliable ways to save money. “High macroeconomic uncertainty, the risk of slowing the global economy and acceleration of inflation will maintain the demand for gold as a safe asset … At the same time, against the background of geopolitical tension and unclearness regarding the future Donald Trump’s policies we see that many central banks seek to diversify their reserves by reducing the share of the US dollar in their own reserves, ”Alina Poptsova, a collection market analyst at the Alfa-Capitan, told RT. Vitaly Manzhos told the trust of the dollar, the trend for active buying out the central banks was born a few years ago and the trend Initially, it was associated with a steady increase in inflation in the world against the background of the consequences of coronavirus pandemia. Meanwhile, the volume of purchases increased sharply in 2022 after the West blocked almost half of Russia’s gold and foreign exchange reserves (SVR) by about $ 300 billion, the analyst of the Broker Nigor Kirill Klimentyev noted. “Record demand from the Central Bank is explained by the fact that they buy gold to protect against sanctions. After a partial freezing of our assets, many Central Bank, especially in developing countries, realized the risks of storing reserves in dollars and euros. So the growth of gold purchases by regulators is structural and capable of maintaining high prices even with a weakening of speculative interest, ”said Kirill Klimentiev. From 2022, world central banks began to acquire a total of more than 1 thousand tons of gold per year for their reserves. For comparison: from 2010 to 2021, the volume of annual purchases varied from 104 to 660 tons, the Materials of the World Gold Council (WGC) indicate. According to the organization, in 2024 the most active buyers of precious metalles included the Central Bank of Poland, Turkey, India, Azerbaijan and China. Also, the high demand for gold was recorded from the regulators of the Czech Republic, Iraq, Hungary, Uzbekistan, Ghana, Qatar, Serbia, Georgia, Kyrgyzstan, Oman, Russia, Zimbabwe and the UAE. Gettyimages.ru © Rootstocks according to the latest WGC estimates, if at the end of September 2022 gold occupied about 15% in the structure of global SVR, then by the beginning of October 2023, the figure increased to 16%. At the same time, the share of the dollar fell from 51 to 49%, and the euro – from 17 to 16%. Moreover, the results of the surveys show that in the coming years this trend will only intensify. So, almost two -thirds of the Central Bank expect that over the next five years, the share of the American currency in the structure of world GRO will drop to 40-48% or even lower, and the European one will remain at the current level or fall to 10-15%. At the same time, the share of gold in global reserves can rise to 17-25% and even higher, predict most regulators. Also on the topic “continues to give way to positions”: the IMF announced a gradual reduction in the share of the dollar in world reserves according to the IMF, the global central banks gradually reduce the share of the dollar in their reserves and increasingly give preference to the so -called … “The future of the international currency system continues to remain unstable, and the Central Bank expresses less and less confidence that the American dollar will continue to maintain its dominance. In the conditions of these trends and a constantly changing investment environment, the demand for gold by the central banks will most likely remain high, ”the WGC study said. The interest of the world Central Bank in gold is growing confidently, and the role of precious means in case of a recession and geopolitical risks continues to intensify, in the near future the cost of an asset will probably increase further. This conclusion was reached by the specialists of one of the leading US banks Goldman Sachs. It is consistent with the forecast of the organization, taking into account the observed trends by the end of the 2025, the quotes can grow to $ 3.7 thousand per troika ounce, and in the middle of 2026 they will exceed $ 4 thousand. At the same time, the analysts “The number of the broker” may not exclude that this round mark may be not possible. It has been achieved already this year. The compensation for Russia, the Wrogmetal, experts surveyed by RT are a favorable factor for Russia. According to the latest data from the Central Bank of the Russian Federation, by the beginning of April 2025, the volume of the country’s gold reserves reached a record high level and approached $ 229 billion. In turn, the share of precious metal in government savings for the first time in 26 years exceeded 35%. “In the most general sense for Russia as a gold mining country, rising prices for gold is favorable. In addition, after 2014, the Central Bank pursued a targeted policy to increase gold reserves, which means winning from the current growth of the exchange rate of the key dragmetal, ”said Vitaly Manzhos. Lovely, that the rapid accuracy of gold over the past few years softened the loss of the reserves that were blocked by the West over the past few years. Bloomberg drew attention to this. “Russia reaps the fruits of pre -war baking of gold: it helped it compensate for about a third of frozen assets … Since the beginning of 2022, the cost of Russian gold reserves has increased by 72%, or $ 96 billion. The physical volume of gold in the storage of the Bank of Russia over the past three years has not changed significantly and is about 75 million ions (about 2.33 thousand t. – RT), ”writes the newspaper. As noted Alina Poptsova, today the Bank of Russia is included in the five largest Dragmetal holders among the world Central Bank. At the same time, according to Kirill Klimentiev, the strengthening of gold reserves supports the financial stability of the Russian Federation in conditions of external pressure.
