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We Begin From Where Spot Gold Started This Year 2025
Manage episode 498973082 series 3682382
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Gold began 2025 trading above $2,650 per ounce, following a record high near $2,800 in October 2024, amid unprecedented central bank buying of roughly 1,000 metric tonnes annually for three consecutive years. The precious metal has gained nearly 70% since 2020 despite a strong US dollar, challenging the conventional wisdom that gold prices must fall when the dollar strengthens.
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