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How Far Can Gold Rally?
For over a month now, gold prices have been trending higher, gaining over 10% since the start of November. Naturally this poses the question of whether a new peak is coming, or will the precious metal keep moving up through next year. The prospect of inflation in the early part of 2023 might keep investors on the lookout for a place to store wealth. But there are things that central banks can do that might disrupt trends. In order to guess whether gold prices will continue their current trend, it’s important to get a good idea of why they have performed like this so far. While a diverse range of factors can be ... (full story)