Gold touches its greatest price in nine years and in Chile the demand for taking positions in that "shelter" grows in Chile

Every time there is a financial crisis the price of gold shoots.It is that although precious metal is not a particularly liquid asset, its value tends to stay over time and rise in times of crisis, for a matter of supply and demand.

And this crisis that is coming and that we have already started to live because of the Coronavirus pandemic is no different, and has already led the metal to perbase in its greatest price since 2011, exceeding 1.$ 800 per ounce, a record in the middle of a scenario where uncertainty is very high.

This trend has also stuck strongly in Chile, where the gold market has multiplied in recent weeks, to the point that in addition to electronic and jewelry transactions, investment in gold coins coined by the Royal Houseof Currena de Canada have grown with an unusual force.

This is what Felipe Muñoz explains, CEO of Aurica.cl, since in your case, sales have multiplied by six in recent times.

And this despite the fact that gold has also risen, and that each of the coins is bought, and sells in physical format.

I just had to google "How to set an alarm on an analog clock" because i legit didn't know how.Sign of the Times?I Feel Pretty Pathetic...

— Nat Cooper Tue Oct 28 22:58:07 +0000 2014

But the latter is one of the great advantages that the new investors are appreciating even more of this type of transaction because, being a physical gold operation certified by an international entity, the risk of losing the asset you buy is zero.Unlike the perception that some people have about electronic transactions or jewelry items today.

Metal certification

Thus, from groups of friends to companies, they have turned to the purchase and investment in this type of asset, in the uncretion of the demand that does not stop, to the point that Aurica.CL will become the first company in Chile that can certify the quality of gold.

¿Cómo? Es que el auge del mercado de oro físico en el país ha empujado además a un aumento en el riesgo del mercado para el mercado secundario de la reventa, que generalmente tiene un auge al final de las crisis, pero que ahora ya se está viendo de manera incipiente.

Here the risk is triggered, which affects market dynamism and the gold resale price.Because of course, if we do not know whether or not the product they sell us is original, the price in a transaction is affected.

Therefore, in the coming weeks the company will become the first company in Chile trained to deliver a certification of gold quality, through a specialized X -ray machine that is able to accurately certify the composition and content ofone -piece gold, certain transaction.

Today, for example, coins traded by Aurica.CL do it with the Certificate of the Royal Moned.

Tomorrow, each transaction can be supported with this technological advance, dynamizing the purchase of precious metals in our country.