We may look back on 2022 as a pivotal moment in history, marking the end of one era and ushering in a new one.
Major war and nuclear threats returned to Europe, fueling already high inflation and pushing many countries into an energy crisis.
And to make matters worse, the world’s leading economists spent most of 2022 saying that if the global economy wasn’t already in a recession, it would soon fall into one.
All these recent developments have shaken up the investment world, prompting many to rethink their investment strategies.
With 2022 coming to an end, we've rounded up the top seven global events of the year to see how they affected the global market and physical gold investors and what they could mean for the year ahead.
1. Russia invades Ukraine
Russia’s invasion of Ukraine on February 24, 2022, has spiraled into the largest conflict in Europe since World War Two, killing tens of thousands of people and forcing millions from their homes.
With no ceasefire in sight, this war has caused extensive damage to Ukraine and has had some major global repercussions, such as worldwide food shortages, Europe’s energy crisis, mounting geopolitical tensions, and rising inflation.
Keyword: where to sell gold Auckland