The price of gold exceeded $1.8 thousand per troy ounce for the first time since June
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During trading on the Comex exchange, the price of gold rose above $1,850 per troy ounce for the first time since June 2022, follows from data exchanges. At its peak, the price of gold reached $1,856.6 per ounce.
By 11:40 Moscow time, the price of gold began to decline, it was trading at $1,844.1. By 15:40 Moscow time, the price had dropped to $1,840.2.
At the end of December, the World Gold Council reported that the central banks of countries were buying gold in record volumes. By opinion analysts of the Financial Times, the largest volumes are purchased by Russia and China.
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