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According to the World Gold Council, central banks purchased a record 483 tons of gold in the first half of the year. Central banks from Turkey, India, and China topped the list of the biggest buyers.
"There is a chance that the gold price does not fall significantly enough for retail investors to get in under $2,000 and instead continue to break all-time highs," says Ben Nadelstein, head of ...
Gold's value is based on faith –- like the faith you have in the U.S. dollar -- and there are many vested interests who want gold to retain its value the way it has for thousands of years.
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It’s a good time to be a gold bug. At the beginning of 2024, gold was trading at around $2,043 per ounce. At the end of last week it was a little higher than $2,330, marking a gain of more than 10%.
Me: I'm going to be so productive today 💪🏾 Also me: scrolls through social media for three hours 🥱 Welcome to Monday 😂😂 #tradelenda #mondaymeme #newweek #happynewweek #funny #meme ...
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Adjusted for inflation, gold hit a record in 1980 when it hit $850 per ounce, which would equal almost $3,200 in today's dollars. Ines Ferre is a senior business reporter for Yahoo Finance. Follow ...