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Gold is a precious metal that retains its value even after a very long time. Unlike coins, currencies, and other types of assets, the value of the metal does not reduce over time, and it also maintains its physical properties. These unique properties, such as their appearance and ability to melt, are highly valuable.
While inflation affects paper money negatively, it does not affect the valuable metal in the same way. No matter the economic situation, the metal B2B Email List retains the value that it cost to mine and produce. Paper money can reduce to zero in theory, unlike gold. A decrease in the value of a particular currency increases the value of gold in that currency.
The global central banks control the supply of valuable metal. If these banks stop selling bullion gold, the amount of metal available ATB Directory will decrease, increasing its price. It is Not Affected by Political Changes No matter the state of political activities in the country, the value of the metal is not affected. This is important to the market because it hates uncertainty.
