The price of a gram of gold is approaching 700 lei, against the backdrop of geopolitical instability.

One gram of gold is approaching 700, according to the exchange rate posted by BNR, writes the newspaper Adevărul, while an eToro analysis highlights that the instability in geopolitical conditions, uncertainties related to the debts of the USA, Europe, and Japan, as well as the prospects of AI, contribute to market nervousness.

Since the beginning of the year, gold has increased by almost 15%, reaching historic highs, while silver has gained over 38%. Analyst Bogdan Maioreanu emphasizes that this increase is not only driven by fear but also by a shift in the investment regime, with central banks adding gold to their reserves.

Silver, having industrial uses and being a safe-haven asset, is influenced by physical, monetary, and logistical crises.

The restrictions imposed by China on mineral exports and the increased demand for green technology contribute to the silver deficit.

In the context of rising public debts and inflation, investors are seeking protection, and silver is becoming an attractive option.

An eToro survey shows that most investors expect gold prices to rise, and silver is seen as a barometer of global systemic risks.