This is evidenced by the data for the 3rd quarter of 2022, which were published by the World Gold Council. The volume of global demand for gold investment ingots and coins exceeded 350 tons, which is a one and a half year high. Of this figure, 100 tons fell on investment coins, which is only 2 tons less than the 12-year high reached in the 1st quarter of 2021. As for the aggregate indicator of investment demand, Turkey with 47 tons, the United States - with 25 tons, Europe - with 72 tons, China - with 70 tons and India - with 45 tons. These data indicate that investors have become seriously afraid of the consequences of tightening monetary policy around the world, namely, a recession, on the one hand, as well as unstoppable growth in inflation, on the other. Investment ingots and coins help protect against these factors of economic instability.