7 Reasons on Why Gold Costs More Daily?
Demand and Supply Dynamics
Limited supply and high demand can drive prices up
Inflation Hedge
Investors turn to gold during inflationary periods.
Interest Rates
Lower interest rates make gold more attractive.
Geopolitical Tensions
Uncertainty often leads to increased gold demand.
Currency Fluctuations
A weaker dollar can increase gold prices.
Government Policies
Changes in gold reserves or taxes can affect prices.
Market Speculation
Traders speculating on future price movements can drive prices up.
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