As gold in Japan inches closer to another record-breaking high, the economic woes persist, with the country’s economy contracting at its most rapid annualized quarterly pace in two years during the third quarter. This juxtaposition underscores the prevailing economic challenges and the continued appeal of gold as a safe-haven asset in times of uncertainty.
Gold in Japan is approaching another record-breaking high.
— Gold Telegraph ⚡ (@GoldTelegraph_) November 15, 2023
Japan's economy shrank at its fastest annualized quarterly pace in two years in the third quarter.
Well…
— Gold Telegraph ⚡ (@GoldTelegraph_) November 15, 2023
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