The price of gold recently reached $3000 per ounce, as investors are massively buying this metal.
Experts note that there are several factors influencing the increase in gold prices. Primarily, this is the weakness of the dollar and growing concerns about inflation due to the scale of the Federal Reserve's monetary policy.
"It's amazing to see how quickly gold has jumped to $3000," noted one analyst.
Additionally, experts warn that the rise in gold prices may lead to increased inflation overall and a decrease in purchasing power among citizens.
