Sunday, January 19, 2025
HomeNewsDanish EconomyThe price of gold has skyrocketed

The price of gold has skyrocketed

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One kilo of gold costs more than half a million DKK, the highest price in history. Why? One reason is the war in Ukraine, which created a huge demand for gold. National banks have acquired more than 1,000 tons of gold since the war started. Uncertainty about the future has also driven a lot of people to place their wealth in gold. 

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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