Gold prices recently edged to within a hare’s whisker of the metals all-time high price of $2,069 a troy ounce which it reached in 2020. It recently cost $2,045.
In general investors should view that as a worrying sign. People buy gold when they are worried about inflation, geopolitical tension, weakness in the U.S. dollar, and concerns over economic instability. At least those are usually some of the major reasons.
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