Gold prices...
Gold prices have been on a strong upward trend in recent months, driven by several factors:
Inflationary Pressures: High inflation rates have eroded the purchasing power of traditional currencies, making gold an attractive safe-haven asset.
Geopolitical Tensions: Ongoing geopolitical uncertainties, such as the Russia-Ukraine conflict and increasing US-China tensions, have boosted demand for gold as a hedge against economic and political risks.
Central Bank Buying: Central banks around the world have been increasing their gold reserves, further supporting the metal's price.
Inflationary Pressures: High inflation rates have eroded the purchasing power of traditional currencies, making gold an attractive safe-haven asset.
Geopolitical Tensions: Ongoing geopolitical uncertainties, such as the Russia-Ukraine conflict and increasing US-China tensions, have boosted demand for gold as a hedge against economic and political risks.
Central Bank Buying: Central banks around the world have been increasing their gold reserves, further supporting the metal's price.
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