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First, gold is a finite resource, whose underground reserves will eventually be completely extracted. Second, world population is growing and prospering. This increases gold demand for jewellery and …
First, gold is a finite resource, whose underground reserves will eventually be completely extracted. Second, world population is growing and prospering. This increases gold demand for jewellery and industrial purposes. Third, central banks have been increasing their gold reserves. All of this points towards an inescapable raise of gold’s value and its price.
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