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I would look at some of the best gold stocks to buy if I had to make a call on some attractive investment themes for 2023.
The U.S. dollar index peaked at 114.78 in September 2022. This was when the federal reserve was pursuing aggressive contractionary monetary policies. During this time, gold had also trended lower with high interest rates aimed at curbing inflation.
However, the dollar index currently trades at around 103 and has been trending lower. In general, a weak dollar is positive...
>>> Read more: 4 Gold Stocks to Buy as the Precious Metal Trends Higher
The U.S. dollar index peaked at 114.78 in September 2022. This was when the federal reserve was pursuing aggressive contractionary monetary policies. During this time, gold had also trended lower with high interest rates aimed at curbing inflation.
However, the dollar index currently trades at around 103 and has been trending lower. In general, a weak dollar is positive...
>>> Read more: 4 Gold Stocks to Buy as the Precious Metal Trends Higher
