Mayanksahu188@gmail.30 Jun, 2023Business
A tremendous increase of more than 12% in the past two months has been seen in gold prices, which have risen from $1800 (Rs 55000) at the beginning of March to above $250/oz (Rs 61800). The price of gold is being driven higher by three key factors: The banking system's cracks in March have led to concerns with banking crises, recession, and de-dollarization. Due to these concerns, investors are moving their money from stocks to gold.
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