Andrey Litvinov

Director

Andrey Litvinov
Education:
  • Moscow University of International Relations
Experience:
  • 2004-present - Director of KALITA-FINANCE s.r.o., Prague
Author's social networks pages:
About the author:
Demand for gold investment coins increases in the US amid recession
10.16.2022
The IMF recently released a forecast for a global recession in 2023. The decline in economic growth is observed, including in the United States. The fact is that the Fed is raising interest rates to reduce inflation, but lending is becoming more expensive.
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Demand for gold has increased worldwide
10.16.2022
Around the world, there has been an increase in the popularity of gold investment bars and coins. The Perth Mint in September sold 88.5 thousand ounces of gold, which is 4% higher on a monthly basis and 36% on a 3-month basis, but at the same time lower by 10% on an annualized basis.
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Central banks cut gold purchases in August
10.01.2022
Central banks bought less gold in August than in previous months, despite lower prices for precious metal in the summer, according to the World Gold Council.
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