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Gold Mining Operations Expected to See High Rates Of Return In 2021
FinancialNewsMedia.com News Commentary
PALM BEACH, Fla., Jan. 28, 2021 /PRNewswire/ Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both 2020 and is projected for 2021 as well. This makes it clear that gold is still one of the world s most coveted commodities and most rewarding investments. The pandemic and its devastating impact on the global economy has impacted investor s risk appetite and boosted safe haven demand for gold. Further, the low interest rates scenario make stocks, government bonds and other investments less appealing, making investors opt for gold. Gold has always been one of the world s most precious and coveted metals. Rarity is the primary reason for its value. A report on metals & mining from McKinsey & Company said that: The impact of the COVID-19 pandemic and the subsequent reaction by central ....

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