Global investors flocking into the market as gold breaks its inflation-adjusted peak in 45 years.
Zhitong Finance and Economics APP learned that as the outlook for the US economy becomes increasingly uncertain, the price of gold has once again put on a dazzling performance. Spot gold touched a historic high of $3,674.27 per ounce on Tuesday, and has set nominal records more than 30 times so far this year. At the same time, the price of gold has surpassed the inflation-adjusted historical peak set on January 21, 1980, marking a new unprecedented stage in this three-year-long bull market for gold.
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