The price of gold is currently rising at an unprecedented rate, driving a surge in sales and purchases of jewelry in Estonia. The average salary of Estonians, measured in ounces of gold, has fallen to its lowest level since 1995. Globally, central banks are increasing their gold reserves as a response to economic uncertainty.

In Estonia, this trend is manifesting in heightened activity at pawnshops, where gold is being accepted for over 60 euros per gram. Simultaneously, the average salary in gold is declining to a near 30-year low. Financial advisors recommend maintaining a diversified investment portfolio encompassing various asset classes.

Topics: #gold #central #banks

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