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The multiple drivers of continued gold price potency - IFA Magazine

Summary by IFA Magazine
By Rick de los Reyes, head of commodities at T. Rowe Price Gold has been prized as a store of value for thousands of years. In fact, up until the US abandoned the gold standard in 1971, major fiat currencies were backed by defined amounts of gold and were exchangeable into gold at any time. Although we are no longer on a gold standard, gold continues to be viewed as a stable currency because it is naturally scarce. It cannot be willed into exist…
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