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Colour Print Bitcoin

Gold has been a crucial part of the global financial system for millennia, valued for its rarity and intrinsic worth. It serves as a safe-haven asset and a hedge against inflation and economic instability, making it a popular choice for investors during market turmoil. Central banks also maintain substantial gold reserves, highlighting its significance in monetary policy and international trade.

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4 views1 page

Colour Print Bitcoin

Gold has been a crucial part of the global financial system for millennia, valued for its rarity and intrinsic worth. It serves as a safe-haven asset and a hedge against inflation and economic instability, making it a popular choice for investors during market turmoil. Central banks also maintain substantial gold reserves, highlighting its significance in monetary policy and international trade.

Uploaded by

rathodanurag2592
Copyright
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We take content rights seriously. If you suspect this is your content, claim it here.
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1.

INTRODUCTION OF BITCOIN AND GOLD

source- iStock

1.1. INTRODUCTION TO GOLD

Gold has played a vital role in the global financial system for thousands of years. As one of the
earliest known forms of money, gold has long been revered for its rarity, durability, and intrinsic
value. Unlike fiat currencies, which are subject to inflation and central bank policies, gold is a
physical asset that has maintained its worth across centuries and civilizations. It has been used
as a medium of exchange, a store of value, and a unit of account, earning its reputation as a
safe-haven asset, particularly during periods of economic uncertainty.
In modern financial markets, gold is widely viewed as a hedge against inflation, currency
fluctuations, and geopolitical instability. Investors often turn to gold during times of market
turmoil, seeing it as a stabilizing force in diversified portfolios. Its negative or low correlation
with equities and other financial instruments makes it an effective risk diversifier. Central banks
across the world also hold significant gold reserves, underscoring its enduring importance in
monetary policy and international trade.

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