Is the AI Arms Race Bolstering Demand for Gold?
The gold price has been trading at record highs above US$4,000 per ounce since October. As top tech companies like NVIDIA (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) battle for AI supremacy, investors are wondering if this arms race is boosting the rush to gold. Gold is an essential material in sophisticated computer infrastructure, sparking headlines […]
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