Rate cut expectations to keep gold investment appeal intact

​Gold prices gained +13% for the year ending 2023 after two years of lull returns- fuelled by the rising geo-political tensions during the year ( Russia-Ukraine, Israel- Gaza,) alongside the notion of toning down of the prevailing steep interest rates cycle, as policymakers have been successful in bringing down the inflation levels from four decades high of above 10% in US, to now around 3% by the end of 2023.

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