## International Gold Price at 750
The international gold price has risen to 750 per ounce, reaching its highest level in nearly six months. The increase in the price of gold is being attributed to a number of factors, including:
* Safe-haven demand: Investors are turning to gold as a safe haven asset amid rising geopolitical tensions and economic uncertainty. The ongoing war in Ukraine and the threat of a global recession have led investors to seek out assets that are considered to be safe and stable.
* Inflation hedge: Gold is also seen as a hedge against inflation. As inflation rises, the value of cash and other assets can decline, while the value of gold tends to hold steady.
* Central bank buying: Central banks around the world have been buying gold in recent years as part of their efforts to diversify their reserves. This buying has helped to support the price of gold.
The rise in the price of gold has been good news for gold miners and other companies involved in the gold industry. However, it has also made gold jewelry and other gold products more expensive for consumers.
It is unclear how long the current gold price rally will last. However, it is likely that the price of gold will remain elevated for the foreseeable future as investors continue to seek out safe haven assets and a hedge against inflation.
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