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24. 03. 2026
Mgr. Ing. Filip Horáček, Ph.D., Sales Director
The current decline in the price of gold may seem illogical, but in fact it is well explained
The conflict in Iran is pushing up oil and energy prices, creating inflationary pressures. Central banks are responding to these by raising interest rates. Higher rates in turn increase the attractiveness of US bonds and strengthen the US dollar, which pushes the price of gold down in the short term.
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