Gold Overtakes Euro in Global International Reserves

Gold Data by Central Banks for March 2024

The 2023 outlook calls for rise in overall investment demand, including OTC, in contrast to the decreased fabrication demand resulting from higher gold prices.

In recent years, gold has been a popular investment. Many investors around the globe were drawn to “safe haven assets” such as precious metals.

Gold is a valuable asset and has gained popularity as a form of investment. It provides more stability and acts as a hedge against inflation.

The gold price forecast for 2023 has various driving factors to consider, such as US dollar, Geopolitical concerns, Inflation and Interest rates.