Despite the negative sentiment, gold still outperformed the market. In fact, there is short-term risk for gold if real interest rates rise; however, the relationship between the two is not set in stone. Even in the face of rising interest rates, the financialization of the economy and the risks of the existing monetary system make gold attractive. Gold has become a highly controversial asset class in recent years. Precious metals are often viewed as an obsolete asset in the so-called new "index
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