Gold rose to a five-month high

World gold prices reached the highest level since early November 2016 due to increased political tensions around North Korea. On Monday, April 17, reports .

Last week gold gained 2.5 per cent — such growth dynamics for the week was the largest since June of last year.

At 09:20 GMT the price of gold increased by 0.08 percent compared to the previous close, trading up to $ 1289 per Troy ounce. Silver also rose in price by 0.22 percent and traded at 18,550 per ounce.

In March, Deputy Finance Minister Alexei Moiseyev said that before the end of 2017, the Agency expects to make changes to legislation that will allow the Russians to open Bank accounts in precious metals and buy and sell gold without paying tax.

The situation on the Korean Peninsula in recent days is one of the most intense topics of international politics. The naval forces of the United States concentrated in the region of the strike group led by the aircraft carrier “Carl Vinson”. It was reported that the Americans are willing to launch a preemptive strike on North Korean military targets if Pyongyang decides for another nuclear test. His pre-emptive strike threatened and the DPRK.