the Russian banks recorded in March and April increased customer demand for physical gold and gold coins. This writes Forbes, citing representatives of the credit organizations.
increased demand for bars and coins was told by several banks, including in the top 10. Moreover, in some banks in the sale of coins has increased three times. Demand is growing not only for the purchase of gold and other precious metals, it follows from the comments of the representatives of the banks.
Increasing demand for gold may be associated with the desire of clients to protect their savings in crisis. Gold is traditionally considered a “safe haven” for investors during the period of any economic turmoil – usually in times like these metal prices noticeably increased. So, since may of last year the price per Troy ounce of gold rose from 1300 to almost $ 1700.
