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Gold price forecast before lunar new year 2024
Gold is a precious metal that has had a long and stable history in financial markets. It is best known for being a store of value in time of stress, acting as a premium safe haven asset. Investors have always liked the certainty of holding the metal in their portfolios as it cushions them from unforeseen shocks. Gold has also been known to act as an inflation hedge against surging price pressures and is inversely correlated to the dollar and real interest rates. The precious commodity rose to a record high last year amid geopolitical conflicts and economic uncertainty. Gold has a major cultural significance in ... (full story)