Cryptocurrency Q&A Why is gold no longer a safe haven?

Why is gold no longer a safe haven?

Valentino Valentino Mon Nov 11 2024 | 7 answers 1243
I've heard that gold is considered a SAFE investment, but recently it seems like it's not performing as expected. Why has gold lost its status as a reliable safe haven in the current economic landscape? Why is gold no longer a safe haven?

7 answers

Elena Elena Wed Nov 13 2024
Gold is valued for its scarcity, as its supply is inherently constrained.

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GinsengBoost GinsengBoost Wed Nov 13 2024
Various elements contribute to the fluctuation of gold prices.

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CharmedSun CharmedSun Wed Nov 13 2024
Among these, inflation and interest rates play pivotal roles.

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CryptoAlly CryptoAlly Wed Nov 13 2024
The relationship between inflation and interest rates is intricate and interconnected.

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EclipseRider EclipseRider Tue Nov 12 2024
This finite supply characteristic enables gold to serve as a hedge against inflation.

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