The US dollar has been the currency of reference in world trade for decades. Its fluctuation therefore has a direct effect on the price of many products, including precious metals such as gold and silver. 

The current economic instability in the United States is causing many investors to turn away from the greenback. Does this de-dollarisation have an impact on precious metals ? 

Discover the impact of this trend on safe havens such as gold and silver.

The phenomenon of de-dollarisation and its global influence

In the United States, de-dollarisation is on the horizon. The current trend in international markets is to move away from the US dollar. Although this trend is slight, it could become more pronounced in the decades to come. The dollar is increasingly avoided in international trade in oil and other commodities.

China and Russia have greatly reduced their dependence on the dollar by diversifying their foreign exchange reserves. What effect is this de-dollarisation having on precious metals ? 

Since 2020, global demand for physical gold has risen sharply, making gold a key financial investment in 2024.

Gold as a financial investment

Gold is emerging as one of the least risky financial investments. Why is it perceived as such ? Let's take a closer look :

The yellow metal : tangible value

Gold is the financial investment of choice, especially in times of uncertainty. 

It is the safe haven of choice for investors looking for a place to put their money in an environment of currency erosion and de-dollarisation.

It also has an undeniable value of its own, which does not depend on circumstances. The price per gram of gold has always been a benchmark. 

What's more, it is a rare and durable commodity. This precious metal therefore has all the qualities needed to be a stable long-term savings product. Despite the many crises it has experienced over the last 100 years, its value has continued to rise.

How do you invest in gold ?

There are a number of options available to suit different investor profiles. The most popular options include :

- buying gold bars, such as 500 grams, 1 OZ or 10 grams,

- coins such as the 20 franc Marianne coq or the Britannia

What is the outlook for investment in precious metals ?

Between 2010 and 2020, the price of gold rose from around €25,000/kg to almost €45,000/kg. This impressive jump is due to increased demand from investors looking for investments to counter inflation and market volatility.

Furthermore, in 2023, the price of gold in euros passed the €60,000/kg mark, consolidating its status as a safe-haven asset in the face of global economic uncertainty. Since August 2024, the price of gold has not fallen below €70,000/kg.

According to several analysts, demand for gold should continue to grow in 2025. Experts believe that the price of gold could reach unprecedented heights, particularly if global tensions persist and de-dollarisation measures are stepped up.

At Godot & Fils, your purchases are secure, authentic and of high quality, always backed by the expertise of our precious metals specialists.