Gold XAUUSD
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Overview
What is Gold?
Gold, precious metal Gold can be used both in industry, primarily – in the electronics, jewelry industries and as an investment asset. Many Central Banks hold gold bullion as a reserve along with the main world currencies. Due to its special status the quotes on gold are more vulnerable to the influence of speculations than other industrial and precious metals. A capital flight into gold can be caused by higher world inflation, economical instability and monetary policy of central banks.
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