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Gold hits record high: Why investors are turning to the precious metal

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Gold hits record high: Why investors are turning to the precious metal


Gold prices have been boosted in the past few months due to increasingly sticky inflation in the US, as well as rising geopolitical uncertainties. Gold prices soared to all-time highs of $2,266.6 (€2,107.9) per troy ounce on Tuesday, before settling lower at $2,257.8 per troy ounce near the end of…

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