Macroeconomy/Finance

The international price of gold rose 1.02%, increasing reserve profits by 30%.

Gold, an essential component of Argentina’s reserves, rose 1.02% to $1,964.50 an ounce because of fears about the pandemic. In 2020 it has accumulated gains of 30% in dollars. The other components that make up the local reserves are the euro, the yen and the pound sterling.

Source: Infobae

Categories: Macroeconomy/Finance