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It is retreating despite the crises... Has gold lost its status as a safe haven?

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It is retreating despite the crises... Has gold lost its status as a safe haven?
CH23
WHAT TO KNOW

CH23: Throughout history, gold has remained the foremost haven for investors and governments in times of war and crisis, because it preserves value when currencies weaken and markets are shaken, and is not tied to the obligations of any government or bank. But today it is retreating despite tensions flaring in more than one region; it has fallen from a peak of 5,595 dollars in January…

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