The gold price may continue to go up next week as investors worry that the Federal Reserve (FED)'s quick rate hike will push the US economy into recession.
The rise in the US dollar in anticipation of a rate hike by the Federal Reserve (FED) could continue to weigh on gold prices.
The current Russia-Ukraine war, along with rising global inflation, has pushed the price of gold to an all-time high.
According to new Basel III rules applied to European banks, gold is considered a tier 1 asset June 28, 2021.
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