TWELVE months ago, a recession seemed imminent for the United States. However, the economy fell short of this expectation. The significantly reduced risk of a US recession has diminished one of the primary factors contributing to gold’s value. Despite this, gold has been remarkably resilient, against numerous challenges: the global economic slowdown, rising cost of capital and geo-political tensions. It unapologetically continues to prove its appeal as a safe haven.
Gold’s rise expected to gain further momentum
2023-12-31T21:00:10-05:00December 31st, 2023|
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