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Gold had a rollercoaster week, starting strong, dropping sharply, and then rising again as the emergence of the new Omicron Covid-19 variant sparked a sudden upturn in the price on Friday. Investors flocked to gold as a safe-haven due to fears that the new virus variant could derail economic recovery. But was this initial panic short-lived?

Which are the top collectable coins in 2022? We explore some of the most wanted coins by collectors so you can add them to your collection today.

Gold had a great week, with the price surging mid-week as the Pound hit a 2021 low. The precious metal saw its best week in many months, as investors bought it to hedge against rising inflation. Is gold’s hot streak set to continue?

Despite previously warning that it would need to act on inflation, the Bank of England voted in favour of keeping interest rates at their current low of 0.1% during their November 4th meeting, shocking markets. As a result, the pound dropped sharply, boosting the price of gold by almost 3%.

The price of gold appears to be temporarily stuck, wavering just under the $1,800 mark, as it awaits the result of the US Federal Reserve’s monetary policy meeting this week. Investors will be waiting with bated breath to find out the decision on further US stimulus tapering, which could have a knock-on effect on precious metals.

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