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Gold trading in 2023: Is now a good time to invest?

From exness.com

Are you thinking about investing in gold in 2023? With the increasing financial uncertainty around the world, many traders are looking to gold as a safe-haven asset. In this article, we’ll take a look at the XAU big picture and what will be driving prices in 2023. Gold has been surging lately, getting close to the all-time high of August 2020. So, is now a good time to invest in gold? First, let's review the gold price landmarks of the past few years. The 2009 recession fueled gold trading volumes, and by 2011, XAUUSD hit a high of $1,823. As world economies got on the road to recovery, fiat currencies regained ... (full story)

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  • Category: Fundamental Analysis