Gold Stocks Likely to Soar This Year

Jan 11, 2023

Gold stocks seem poised for a powerful resurgence in 2023 after a relatively lackluster performance for most of 2022. Although gold prices began rising toward the end of the year, factors such as inflation coupled with a strong dollar and an increasingly tight monetary policy by the U.S. Federal Reserve eroded gold’s appeal as a safe haven metal and kept its prices down.

Early projections released toward the end of last year showed that the gold market had plenty of room for growth in…

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