Gold price sustains above $2000 despite retreat in US dollar. Should you buy?
By A Mystery Man Writer
Last updated 17 Jun 2024
Gold rate today has immediate support placed at $1,980 levels in international market and in domestic market its immediate support is placed at ₹59,700 levels, say experts
![Gold price sustains above $2000 despite retreat in US dollar. Should you buy?](https://responsive.fxempire.com/v7/_fxempire_/2023/11/shutterstock_302110907-1.jpg?func=cover&q=70&width=500)
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![Gold price sustains above $2000 despite retreat in US dollar. Should you buy?](https://editorial.fxstreet.com/miscelaneous/image-638380972371912713.png)
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![Gold price sustains above $2000 despite retreat in US dollar. Should you buy?](https://www.usfunds.com/wp-content/uploads/2024/01/GLD-gold-wavers-01192024.png)
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![Gold price sustains above $2000 despite retreat in US dollar. Should you buy?](https://external-preview.redd.it/0mUuVSmXswzki7znizzNsVdfn0rMpe252VDoJVmKAHQ.jpg?auto=webp&s=1e46a52932870019c0bda478468768e65d91b2de)
The US dollar has lost 23% of its purchasing power over the past decade1. During the same time frame, almost every major asset class has gone up, including stocks (up 256%), gold (up 25%) and Bitcoin (up 4986412%). We all know where that stimmy
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