Stock Infographics

Factors affecting gold price

DonkeyStock
Publish date: Wed, 09 Nov 2022, 09:11 AM
DonkeyStock
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Visual content on financial market and investment trends
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A lot of investors buy gold when the inflation rate is high. In the long run, gold is a good hedge against inflation and will retain its purchasing power.

However, many more factors are affecting gold prices in the short run. Among these factors, opportunity cost plays an important role.

Source:iSquare​

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