Record price growth
In 2025, gold reached historic highs, exceeding $3,500 per ounce, which is 28% higher than at the beginning of the year. This growth is driven by global economic and political factors, including:
US trade tariffs: the introduction of 10% tariffs on imports caused economic uncertainty, stimulating demand for gold as a safe asset.
Central bank purchases: active accumulation of gold, especially by Asian countries, increased demand.
Political instability: conflicts and sanctions have prompted investors to seek stable assets.
Analysts predict further growth in gold prices:
Goldman Sachs: up to $3,700 by the end of 2025.
JP Morgan: may exceed $4,000 in the second quarter of 2026.
Gov Capital: in an optimistic scenario, up to $4,631 by December 2025.
Cloud providers GigaCloud, De Novo and data center “Parkoviy” this week signed a memorandum on the establishment of a public union (PU) “Ukrainian Alliance of Digital Sovereignty”.
“The prerequisite for the association was the foreign policy instability, which has seriously affected the global technology market, as well as the digital and economic security of the country,” the union’s founders said in a release.
They call the main goal to ensure Ukraine’s digital sovereignty, by which they mean the transfer, storage and processing of important data, in particular government, medical, financial and defense data, within the country and in accordance with the requirements of current Ukrainian legislation.
“Because of the war, Ukraine is almost the only country in the world where state data is forced to be partially stored abroad. After the war is over, the issue of returning this data under Ukrainian jurisdiction will arise. Therefore, we are ready for a dialog with state authorities to develop a strategy for such a return,” the release says.
According to the organizers of the Union, technological solutions are becoming an instrument of political pressure from some countries on others.
“We as market players are focused on the national market, we have a mission not only to sell our services here, but also to protect the economy of the country, which is the environment for our business and our clients,” representatives of the newly formed alliance claim.
Among the declared areas of work – “technological revision” of the country, as well as the development of common standards for infrastructure solutions that will allow to build large geo-distributed infrastructure between the sites of national providers, easily and seamlessly transfer data between cloud environments of different providers without artificial technological obstacles, to guarantee the safety and security of user data even in critical situations, in particular in the case of enemy attacks, as well as to implement a policy of Data Embassy and the technology of the many,” said the representatives of the new alliance.
It is emphasized that other companies that share its principles, such as data centers, software companies and infrastructure providers, are welcome to join the Alliance.
cloud providers, GigaCloud, Ukrainian Digital Sovereignty Alliance
The National Bank of Ukraine (NBU) on April 23 announced a tender for compulsory insurance of civil liability of car owners and insurance of drivers against accidents in transport, according to the state procurement system Prozorro.
The expected cost of purchasing the services is UAH 1.044 mln. The deadline for submission of documents is April 30, 2025. The winner of a similar tender a year ago was IC “Guardian”.
Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)
Ukraine has created the Alliance for Digital Sovereignty, which brings together cloud providers and data centers. The first members of the Ukrainian Alliance for Digital Sovereignty, cloud providers GigaCloud, De Novo, and the Parkovy data center, have agreed to cooperate for Ukraine’s sustainable technological development on the basis of national platforms.
The prerequisite for the association was the foreign policy instability that has seriously affected the global technology market, as well as the country’s digital and economic security. “Unfortunately, we are increasingly seeing technological solutions becoming an instrument of political pressure from one country to another. As market players focused on the national market, our mission is not only to sell our services here, but also to protect the country’s economy, which is the “living environment of our business and our customers,” the Alliance representatives say.
The main goal of the event is to ensure Ukraine’s digital sovereignty, i.e. transfer, storage and processing of important data, including government, medical, financial and defense data, within the country and in accordance with the requirements of current Ukrainian legislation. “Due to the war, Ukraine is probably the only country in the world where state data is partially stored abroad. After the war is over, the issue of returning this data to Ukrainian jurisdiction will arise. Therefore, we are ready to engage in a dialogue with government agencies to develop a strategy for such a return,” the Alliance founders said.
The areas of work include a technological “audit” of the country, as well as the development of unified standards for infrastructure solutions. Providers are confident that this approach will provide Ukraine with a number of new opportunities:
– build large geo-distributed infrastructures between the sites of national providers;
– easily and seamlessly transfer data between cloud environments of different providers without artificial technological barriers;
– ensure the security (and safety) of user data even in critical situations, including in the event of hostile attacks;
– implementing the Data Embassy policy and multi-domain security technology.
Representatives of the Alliance emphasize the need to increase the competitiveness of the Ukrainian market, stimulate innovation and strengthen cybersecurity. They share the understanding that Ukraine needs to become stronger, able to manage its own data – a strategic resource that is the basis for economic growth and development of the industries of the future – and this gives them a common motivation to be part of important state changes. The Alliance is open to other companies that share its principles and strive to work for the benefit of national digital security and sovereignty, including data centers, software companies, and infrastructure providers.
