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Gold Is Regaining Investors’ Attention


Gold is experiencing an upswing due to increased geopolitical risks, a weakening US Dollar, and falling US Treasury bond yields, leading to a recovery in investment flows. Central bank purchases of gold have been robust, with projections suggesting they could reach 1,050 tons in 2023. Additionally, physical gold demand remains strong, as evidenced by a 60% year-over-year increase in India’s gold imports in October.


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Wealthfargo
Wealthfargo

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