🌟🌟🌟Gold Fever has hit the markets at a rate that is simply amazing! Gold's historic surge has reinvigorated investors interest amid volatility in the Global Market s.
With prices over USD 3200, will Gold go higher?
Many people even the young are getting into Gold due to FOMO - Fear of Missing Out!
I believe that Spot Gold Prices will continue to accelerate to a higher level and even reach USD 4000 as Gold is regarded as a safe haven asset in times of market volatility.
Central banks around the world are also buying up Gold as Gold is seen as a time tested store of value. Unlike Fiat currencies which can lose value during periods of high inflation, Gold tends to preserve purchasing power.
I am fortunate that I have invested in $iShares Gold Trust(IAU)$ as I believe that it is a good hedge against inflation and a diversification in my stock portfolio.
Gold Fever is here to stay!
@Tiger_comments @TigerStars @CaptainTiger @TigerClub @Tiger_SG
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