Gold is more than just a shiny metal; it’s a reflection of economic stability. As one of the most sought-after commodities globally, its demand has skyrocketed, breaking all previous records. But what’s driving this gold rush?
The ongoing worldwide economic instability, triggered by unforeseen events such as the COVID-19 pandemic, has played a significant role. With countries pumping trillions of dollars into their economies, inflation has become a major concern, and investors are turning to gold as a hedge.
Furthermore, low-interest rates have dampened the appeal of other investment options, driving more investors towards gold. The bright metal has always been seen as a ‘safe-haven’ investment in times of uncertainty. Right now, the magnitude of that uncertainty is unprecedented, and gold is shining brighter than ever. Read More
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