Golden trend: A salesman waits for customers in a jewellery shop in Dubai, United Arab Emirates. Gold prices are hovering below US$1,800 (RM7,459) an ounce. — Bloomberg
INFLATION concerns have, in recent weeks, fuelled renewed interest in gold.
Often considered an inflation hedge, the yellow metal has gained about 2% in the last one month, as traders seek a haven amid stubbornly high inflation and the looming reduction in stimulus as well as the softer US dollar.
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