Will Gold Exhibit Lustre in 2024?  Jan 22, 2024



 

In 2023, amid simmering geopolitical tensions (Russia-Ukraine war, hostile relations between China and Taiwan, tensions between the U.S. and China, conflicts in the MENA region, etc.), geoeconomic fragmentation, global economic uncertainty, and increased stock market volatility, gold proved its trait of being a hedge, and has been an effective portfolio diversifier.

Gold even defied a high interest rate regime and a strong U.S. Dollar.



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