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Gold Price Forecast for the Second Half of 2022

Investing in gold
Credit: Pixabay / QuinceCreative

The gold market has been driven by the contrasting effects of persistently high inflation and central banks raising interest rates in response. With the US dollar hitting a 20-year high, gold entered the second half of 2022 with a nine-month low. What are the prospects for the gold market for the rest of the year given the current macroeconomic and geopolitical environment? Should you invest in gold now?

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