Gold prices have soared to an unprecedented USD 3,000 per ounce, reinforcing its reputation as a secure asset during turbulent economic times. John Reade, Senior Market Strategist at the World Gold Council, noted that gold has consistently thrived in risk-averse settings, escalating from USD 1,000 during the financial crisis to USD 2,000 throughout the pandemic, and now exceeding USD 3,000 as global uncertainties grow.
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