What do you think about it? can this growth ever fall? And what will replace gold?
My answer is yes gold can lose value, and its price can drop rapidly. Gold is a commodity that has a value based on market supply and demand. There are several factors that can affect the price of gold:
Economic factors: Economic conditions, inflation, interest rates and monetary policy can affect the price of gold. If the economy improves and investors have higher confidence in other assets, they may turn to them and reduce demand for gold, which can lower its price.
Global Geopolitical Events: Tensions between countries, political conflicts or economic crises can impact the demand for gold. If the situation improves, gold may not be as attractive to investors and its price may fall.
Level of confidence: Gold is often seen as a safe store of value in times of uncertainty. However, if confidence in other safe assets, such as government bonds or other commodities, increases, demand for gold may decrease and affect its price.
My answer is yes gold can lose value, and its price can drop rapidly. Gold is a commodity that has a value based on market supply and demand. There are several factors that can affect the price of gold:
Economic factors: Economic conditions, inflation, interest rates and monetary policy can affect the price of gold. If the economy improves and investors have higher confidence in other assets, they may turn to them and reduce demand for gold, which can lower its price.
Global Geopolitical Events: Tensions between countries, political conflicts or economic crises can impact the demand for gold. If the situation improves, gold may not be as attractive to investors and its price may fall.
Level of confidence: Gold is often seen as a safe store of value in times of uncertainty. However, if confidence in other safe assets, such as government bonds or other commodities, increases, demand for gold may decrease and affect its price.
Comment:
yes yes