Gold Price Outlook For Next Week; Gold Down Nearly $200 in Q1

Due to the fact that it was Good Friday, the gold markets were quiet on Friday, and depending on which market you trade, they may not have even been opened. Gold, the most valuable of all precious metals, is prized for its beauty, liquidity, investment potential, and industrial properties all over the world. Gold is commonly regarded as a financial asset that maintains its value and purchasing power during periods of inflation. Due to its unique properties of being one of the most malleable and ductile metals with a high melting point and easy recyclability, gold performs exceptionally well. For gold value chain participants such as mining companies, processors, companies dealing in gold and gold products, jewellers, and even governments that rely on the proceeds of bullion consumption and trade, risk management is critical.

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