Gold is shining bright! It's been doing really well lately, even going up a lot in the past year. Many people are buying it, which is making the price go higher.
- Lots of people, including big companies and regular folks, are buying gold.
- Governments are also buying a ton of gold to add to their reserves.
- People are worried about the economy, so they're investing in gold as a safe place for their money.
| Fact | Number |
|---|---|
| Gold price increase in last 12 months | Over 40% |
| Largest one-day gold ETF inflow | $1.9 billion |
| Central bank gold buying in 2022 | More than 1000 metric tons |
| Gold price prediction for this year | $2,900-$3,100 per ounce |
