The demand for gold and other precious metals, such as silver and palladium, has increased considerably in recent months. The reasons for the rapid assets’ growth are usually pessimistic and include political, economic, and military instability in the world. A lingering trade war between the US and China and the uncertainty around Brexit serve as a significant driver for gold demand. In the current circumstances, investors are likely to continue avoiding risks. Another round of trade negotiations turned out to be fruitless which means gold will continue to rise. As for Great Britain, the European authorities have agreed on Brexit extension once again. However, there is no guarantee that members of the parliament will manage to arrange the country's withdrawal from the EU within the specified period.
