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AAAU
Business Insider
17 mins

Gold is worth more than ever. A metals dealer shares 3 tips to keep your stack safe.

1. Gold reached an all-time high of over $3,700 per ounce. 2. Gold's value has increased by 38% this year compared to 2022. 3. 95% of gold collectors prefer personal possession over bank storage. 4. Insuring gold at home is often limited to about $200. 5. Storing larger amounts in insured depositories is advised.

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FAQ

Why Very Bullish?

Rising gold prices typically boost interest in gold-related ETFs like AAAU. Historical trends show strong performances in precious metals during price rallies.

How important is it?

Article emphasizes gold price changes which directly affect AAAU's valuation and investor interest.

Why Short Term?

The immediate surge in gold prices can influence investor behavior quickly, showing past shifts in demand after price spikes.

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