Safe-Haven Demand Lifts Gold Prices Close to 50% in One Year

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Gold prices have recorded a sharp rise over the past year, with market data indicating gains of close to 50 percent from last year’s lower levels, drawing renewed attention from investors worldwide. The rally has been supported by a combination of persistent inflation concerns, expectations of interest rate adjustments, and heightened demand for safe-haven assets amid global economic uncertainty. Strong buying interest from central banks and institutional investors has also contributed to sustained upward momentum in gold prices.