I think you are right...geopolitical instability.. gold is like to an insurance to protect wealth.. I dare say we will see gold rally to above $1,900/oz. Just watched ABC news interview of IDF reserve colonel.. he indicated that Israel objective is to dismantle Hamas military capability completely and it going to be long war...there is already indication that IDF are preparing for a ground invasion..it going to be a blood bath.. there 2.3m civilians living in Gaza strip.. at very least it going humanitarian crisis..this Escalation of violence is going to get a lot worse...
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I think you are right...geopolitical instability.. gold is like...
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