AFTER a strong start to the year, gold prices will drift lower in 2022 and 2023 as central banks raise interest rates, lifting bond yields and making non-yielding bullion less attractive, a Reuters poll showed. Gold is traditionally seen as a safe place to invest and typically does well during times of low or zero interest rates.It hit a record high of US$ 2, 072( RM8, 703) an ounce in 2020 when interest rates were cut during the coronavirus pandemic, but fell as economic growth recovered, stock
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2022-01-29 00:00:00.0