GOLD PREDICTORS

Gold prices are continuously increasing, making investors interested in risk-off trading. Its prices have increased by 22% compared to its price at the start of the year. 2020 was the year of glory for gold as its price reached the maximum of $2,075 in August. Gold in 2021 has bottomed and again rising towards significant numbers. However, after this increase in prices, gold faced a downfall in December. Therefore, the new query that investors have is whether the gold will maintain this continuous decrease in prices in the next year or will it regain its glory again. Well, the answer to this question depends on ...
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Note: Article was posted to GP private investors few months ago. Inflation has increased during the month of March. As the prices of different items due to inflation rise, the prices of gold should also increase. This is because higher inflation results higher gold prices. The US CPI (consumer price index) faced the largest monthly jump after 2012. It has increased by 0.4% during February. This figure surprisingly increased to 0.6% during the month of March. This increase in the inflation rate is due to the 9.1% increase in the gasoline price during the last 1 year. The worst situation of inflation is more clearly ...
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It is good that you want to learn more about your financial and investment choices. Let’s not drag things and get straight to the point i-e why confidence in gold trading decisions will make you rich? Gold is a precious metal that is not only used in the making of jewellery but also for investment. Investors are always charmed by this yellow metal. It's because of its ever-increasing prices. It serves as a hedge against the risks of currency and inflation. Moreover, it is not only derived by investment demand but also by other factors. It gives a combative return against other big financial assets ...
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