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⛏️ Gold Rebounds as Traders Eye Key U.S. Inflation Report

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Gold Rebounds as Traders Eye Key U.S. Inflation Report
Gold prices rebounded on Monday, gaining nearly 1% to $2,356.37 per ounce after hitting a two-week low on Friday. Investors are now focused on the upcoming U.S. inflation report, with diminishing expectations for rate cuts from the Federal Reserve impacting market sentiment. Read on »

China's Gold Reserves Increase as U.S. Bonds Sold
Amid growing economic weaponization and geopolitical tensions, China sold a record amount of U.S. Treasuries in Q1 2024 while increasing its gold reserves to 4.9%, the highest since 2015. Gold has significantly outperformed stocks and bonds this year, highlighting its role as a hedge against economic instability. Read on »

Gold Shines Amid Cash Devaluation
As the U.S. devalues its currency, gold has risen 89% over the past five years, compared to the US aggregate bond index's 0.7%. This highlights gold's strength amid inflation and monetary policy concerns. Staying in cash is risky, and accumulating government bonds is reckless, making gold a prudent choice for investors. Read on »

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