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How Does War Affect the Price of Gold?

Men Walking War Torn Town Gold Coins in Foregrouhd

The relationship between war and gold prices is as complex as it is fascinating. Historically, gold has been perceived as a safe haven investment during times of geopolitical instability. Wars can lead to economic turmoil, driving investors to seek out reliable stores of value to protect their wealth. In such uncertain times, gold often becomes more attractive, and its price can rise as a result.