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In the past cycle of rising unconventional monetary policy conducted by central banks in addition to the constant increase in the economic and political uncertainty around the world have been factors that could contribute to a long-term rally in gold prices according to some investors. Over the decades, many empirical studies have shown that gold has had many drivers in its lifetime, but has been mainly influenced by real interest rates, the US dollar and central banks' reserve policies. A few researchers have also shown that the precious metal can also serve as a hedge