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Why Gold Is More Valuable Than Ever

Inflation fears and geopolitical tensions fuel demand for precious metal.

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Demand for gold has been rising across the globe, defying economists’ expectations and sending prices soaring to new heights. The video below looks at how the gold trade has changed in recent years as everyday consumers enter the market alongside major investors. Costco, for example, sells $200 million worth of gold bars every month to members on the lookout for what they consider to be stable investments.

Questions:

  1. Why have gold prices been rising across the globe recently?
  2. Do you think the gold bars sold at Costco are stable investments? Why or why not?
Author: NickelsMcHughMcHugh