Invest In Gold Or Not.
Investing in Gold. Gold futures prices are currently 36% higher compared to the price a year ago, cnbc reported. The article said: Gold futures prices are also up about 10% year-to-date and currently 36% higher compared to the price a year ago. What is behind the rising prices of gold? Two reasons stand out: 1. The rising global inflation rate. It’s a common practice by many investors to buy gold and use it as a good inflation hedge. 2. U.S. sanctions on Russia. U.S. sanctions on Russia date back to 2022. These sanctions have been the boost for higher returns on gold for at least a year now. Would global headline inflation continue to rise or would it fall in 2025? IMF said that it is expected to decline. The bank said: Global headline inflation is expected to decline to 4.2 percent in 2025 and to 3.5 percent in 2026, converging back to target earlier in advanced economies than in emerging market and developing economies. Would US lift sanctions on Russia? U.S. President...