President of GeoProMining Group Roman Khudoliy said that gold has always been a reserve metal. And the increase in prices for gold will continue, as long as some uncertainty persists.

According to him, such trends will continue in the world as a result of lack of economic stability. “Some instability of economies forces the market to transfer to more reliable instruments, while gold has always been considered a reliable instrument for keeping funds,” said Khudoliy.

According to him, the growth in demand facilitates the increase in prices for gold and its production. “However, market’s ability to meet the demand is a subject of serious discussions and it depends on many factors,” concluded Roman Khudoliy.