{"id":41353,"date":"2026-03-31T13:50:09","date_gmt":"2026-03-31T13:50:09","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/41353\/"},"modified":"2026-03-31T13:50:09","modified_gmt":"2026-03-31T13:50:09","slug":"zlato-miri-k-nejvetsimu-propadu-za-temer-dvacet-let","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/41353\/","title":{"rendered":"Zlato m\u00ed\u0159\u00ed k\u00a0nejv\u011bt\u0161\u00edmu propadu za t\u00e9m\u011b\u0159 dvacet let"},"content":{"rendered":"<p class=\"e_bV\">Za cel\u00fd m\u011bs\u00edc se cena zlata zat\u00edm sn\u00ed\u017eila o\u00a0v\u00edce ne\u017e 13\u00a0procent, co\u017e je nejprud\u0161\u00ed propad od \u0159\u00edjna 2008, kdy cena klesla o\u00a016,8\u00a0procenta. Za cel\u00e9 \u010dtvrtlet\u00ed v\u0161ak cena vzrostla o\u00a0p\u011bt procent, uvedla agentura Reuters. O\u00a0zhruba 20\u00a0procent tento m\u011bs\u00edc klesly i\u00a0dal\u0161\u00ed drah\u00e9 kovy &#8211; st\u0159\u00edbro, palladium a\u00a0platina.<\/p>\n<p class=\"e_bV\">Popt\u00e1vku po zlatu tlum\u00ed sl\u00e1bnouc\u00ed o\u010dek\u00e1v\u00e1n\u00ed ohledn\u011b sni\u017eov\u00e1n\u00ed \u00farokov\u00fdch sazeb, r\u016fst n\u00e1klad\u016f na energii a\u00a0siln\u011bj\u0161\u00ed dolar kv\u016fli v\u00e1lce USA a\u00a0Izraele s\u00a0\u00cdr\u00e1nem.<\/p>\n<p class=\"e_bV\">Cena zlata 29.\u00a0ledna stoupla a\u017e na rekordn\u00edch 5594,82\u00a0USD (119.300\u00a0K\u010d) za troyskou unci (oz; 31,1\u00a0gramu). Dnes kolem poledne cena \u010dinila zhruba 4560\u00a0USD za unci a\u00a0p\u0159ipisovala si v\u00edce ne\u017e jedno procento.<\/p>\n<p class=\"e_bV\">Nez\u00e1visl\u00fd analytik Ross Norman uvedl, \u017ee dne\u0161n\u00ed r\u016fst cen je jen kr\u00e1tkodob\u00fdm a\u00a0do\u010dasn\u00fdm o\u017eiven\u00edm po prudk\u00e9m propadu. Nen\u00ed tak skute\u010dn\u00fdm zotaven\u00edm a\u00a0cena brzy op\u011bt klesne. \u201ePokud by se (americk\u00fd prezident) Donald Trump dok\u00e1zal vymanit z\u00a0toho, co by se mohlo st\u00e1t velmi zdlouhavou ud\u00e1lost\u00ed, pak bychom mohli b\u00fdt sv\u011bdky poklesu cen ropy a\u00a0dolaru, co\u017e by bylo pro zlato pozitivn\u00ed. Ale v\u00a0t\u00e9to situaci se zat\u00edm nenach\u00e1z\u00edme,\u201c dodal.<\/p>\n<p class=\"e_bV\">Americk\u00fd dolar sm\u011b\u0159uje k\u00a0nejvy\u0161\u0161\u00edmu m\u011bs\u00ed\u010dn\u00edmu zisku od \u010dervence. To zdra\u017eilo zlato oce\u0148ovan\u00e9 v\u00a0dolarech pro neamerick\u00e9 investory. M\u011bs\u00edc trvaj\u00edc\u00ed v\u00e1lka na Bl\u00edzk\u00e9m v\u00fdchod\u011b pak zp\u016fsobila prudk\u00fd r\u016fst cen ropy, co\u017e zvy\u0161uje riziko glob\u00e1ln\u00ed recese.<\/p>\n<p><a data-dot=\"mol-article-card-media\" aria-hidden=\"true\" tabindex=\"-1\" href=\"https:\/\/www.seznamzpravy.cz\/clanek\/ekonomika-finance-byznys-komodity-dluhopisy-paradox-drahych-kovu-valka-jim-tentokrat-skodi-302422\" class=\"e_n f_lY\" rel=\"nofollow noopener\" target=\"_blank\"><img fetchpriority=\"high\" height=\"2304\"   width=\"4096\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/03\/1774431614_323_zlato.jpeg\" loading=\"eager\" decoding=\"sync\" class=\"e_aa e_Z\"\/><\/a><\/p>\n<p class=\"e_bV\">Zlato investo\u0159i \u010dasto pou\u017e\u00edvaj\u00ed jako ochranu p\u0159ed inflac\u00ed a\u00a0geopolitick\u00fdmi riziky. Od za\u010d\u00e1tku v\u00e1lky proti \u00cdr\u00e1nu 28.\u00a0\u00fanora cena zlata klesla o\u00a0v\u00edce ne\u017e 14\u00a0procent. D\u016fvodem je rostouc\u00ed o\u010dek\u00e1v\u00e1n\u00ed p\u0159\u00edsn\u00e9 m\u011bnov\u00e9 politiky v\u00a0USA, kter\u00e1 sni\u017euje atraktivitu zlata. Finan\u010dn\u00ed trhy nyn\u00ed t\u00e9m\u011b\u0159 vylou\u010dily sn\u00ed\u017een\u00ed \u00farokov\u00fdch sazeb v\u00a0USA v\u00a0leto\u0161n\u00edm roce, zat\u00edmco je\u0161t\u011b p\u0159ed v\u00e1lkou se po\u010d\u00edtalo se dv\u011bma mo\u017en\u00fdmi sn\u00ed\u017een\u00edmi \u00farok\u016f.<\/p>\n<p class=\"e_bV\">Analytici z\u00a0banky Goldman Sachs ale z\u016fst\u00e1vaj\u00ed ke zlatu optimisti\u010dt\u00ed i\u00a0p\u0159es jeho pokles zp\u016fsoben\u00fd konfliktem v\u00a0\u00cdr\u00e1nu. Podle jejich odhadu m\u00e1 do konce roku cena zlata dos\u00e1hnout 5400\u00a0USD za troyskou unci, a\u00a0to d\u00edky pokra\u010duj\u00edc\u00ed diverzifikaci centr\u00e1ln\u00edch bank, normalizaci n\u00edzk\u00e9ho spekulativn\u00edho z\u00e1jmu a\u00a0o\u010dek\u00e1van\u00fdmu sn\u00ed\u017een\u00ed \u00farok\u016f centr\u00e1ln\u00ed bankou USA (Fed) o\u00a0p\u016fl procentn\u00edho bodu. Jejich z\u00e1kladn\u00ed sc\u00e9n\u00e1\u0159 p\u0159edpokl\u00e1d\u00e1, \u017ee soukrom\u00fd sektor nebude zlato d\u00e1le masivn\u011b prod\u00e1vat ani v\u00fdrazn\u011b roz\u0161i\u0159ovat sv\u00e9 dr\u017eby, krom\u011b m\u00edrn\u00e9ho dopadu sn\u00ed\u017een\u00ed sazeb, uvedl server zpravodajsk\u00e9 televize CNBC.<\/p>\n","protected":false},"excerpt":{"rendered":"Za cel\u00fd m\u011bs\u00edc se cena zlata zat\u00edm sn\u00ed\u017eila o\u00a0v\u00edce ne\u017e 13\u00a0procent, co\u017e je nejprud\u0161\u00ed propad od \u0159\u00edjna 2008,&hellip;\n","protected":false},"author":2,"featured_media":41354,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[67,68,6872,4130,558],"class_list":{"0":"post-41353","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-byznys","8":"tag-business","9":"tag-byznys","10":"tag-drahe-kovy","11":"tag-trhy","12":"tag-zlato"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116324114354785282","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/41353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=41353"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/41353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/41354"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=41353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=41353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=41353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}