Despite fluctuations over the years, the price of gold has been on an overall upward trend, making it a safe haven for investors. In the 1970s, an ounce of gold was worth around $35. In the 1980s, this increased to $400, and by 2010, it had shot up to $1,200. Today’s gold prices in the mid-$1,800s show an impressive growth trajectory, underlining gold’s historic role as a strong hedge against inflation and economic uncertainty. The ongoing geopolitical tensions and uncertain economic climate ensure that gold will likely continue to play a critical role in investment portfolios. Read More
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