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    Shashank Pal

    Chief Business Officer

    PL Wealth Management

    Why timeless gold is timely now as a safe haven asset?

    BUSINESS

    Why timeless gold is timely now as a safe haven asset?

    Gold price: Historically, when the US Federal Reserve has cut interest rates, it has often been followed by declines in the stock markets. If history repeats itself, with Fed pivoting now, it will prove beneficial to have gold in one’s portfolio to protect from the potential downturn in equities. Besides, central banks around the world have been buying gold too.

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