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الاقتصادية
Gold price trends: surges and corrections
The article discusses the history of gold prices across different periods, highlighting that the precious metal follows clear cycles of strong upward waves followed by sharp corrections. Gold experienced significant growth between 2008 and 2011, rising from $697 to $1,884 per ounce, before undergoing a sharp decline until 2018. It then resumed its upward trend between 2018 and 2020, reaching $2,072, only to decline again between 2020 and 2022. One of the most prominent waves was a sharp surge between 2022 and 2026, when its price skyrocketed to a record high of $5,595.88 per ounce, followed by a new correction wave where it dropped about 20%, closing at $4,329. This pattern reflects a recurring cycle of deep corrections that precede new rallies.
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