Gold is an abundant natural element found in almost all corners of the world and has been utilized for thousands of years, both a medium of exchange and a valuable commodity. It has withstood the test of time and maintained its value through the ages, as a means of preserving wealth. Since the turn of the century, gold has been increasing in value from around $400/Oz to recently breaking the $2,000/Oz mark. At the same time, paper currency has been diminishing in value, due to high levels of inflation and global debt, while equity markets witnessed alarming volatility and deteriorations on the back of the 2007/2008 financial crisis and the more recent Covid-19 pandemic.
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