Rishisharma1129 Nov, 2023Business
Another market surge occurred in 2022 as a result of the war in Ukraine, extended lockdowns in China, and growing inflation and interest rate increases. Gold therefore increased by an additional 11.8%.Generally speaking, gold does well during difficult economic times. Gold prices perform positively and equities often perform negatively when composite leading indicators are strongly negative. Additionally, gold performs better than Treasuries, which are viewed as rival defensive assets.
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