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Gold Hits New Highs Amid Geopolitical Risk Escalation

Gold has played a crucial role in the history of humans, especially in its use as a medium of exchange and a store of value. In addition to its usage in jewelry, the precious metal is also regarded as a safe-haven asset. This makes it a good investment to hold during times of uncertainty. The yellow metal is also a good hedge of inflation.

Earlier this week, the price of gold hit a new high, bolstered by a…

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