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Since escaping from its long-term “support” price of around US$1,700 in 2021, the beautiful metal has risen 168% in price.
Gold has risen 168% in price since breaking above US$1,700 in 2021.
KEY POINTS
- Central banks, including China and Russia, are significantly increasing their gold purchases.
- A 10%–12% gold allocation is suggested for a globally diversified passive investment portfolio.
- Gold stocks tend to be the most profitable gold-based assets during bull markets.
COMPANIES
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