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What are the potential risks of investing in gold?

After weeks of near-record-high gold prices , it looks like things might be cooling off. Just a couple of weeks ago, gold spot prices hit $2,042. 49 per ounce, approaching the all- time high of $2,069. 40 set in 2020. Today, they're down to $1,989. 80, and experts say they may continue falling. With gold prices lower — and potentially going lower still — is now the time to buy? or should you wait and see what happens, particularly with a potential other interest rate hike on the horizon? that's what we will explore in this article. If you're considering investing in gold, request a free information kit here to get started. Every investment comprises both benefits and drawbacks. Purchasing shares in a gold mining firm might be a safer option if you don’t want to hold physical gold. Purchasing coins, bullion, or jewellery might help you achieve financial success if you think gold might be a good investment against inflation. The futures market may be your best ...

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