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'A wearable investment:' Jewelers and shoppers react to record-high gold prices

  • Gold prices have reached record highs, exceeding $3,000 per ounce recently.
  • Market uncertainty and fixed supply against rising demand drive the price increase.
  • The price of gold has increased over 30% in the last year and 18% since January.
  • Jordan Rosenberg noted that gold serves as a hedge against financial market volatility.
  • Experts suggest gold could climb to $4,000 or $5,000 per ounce, though some are skeptical.
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InvestingCube broke the news in on Tuesday, April 15, 2025.
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