Gold price reached a new high of over £2,060 an ounce on 16 October, prompting investors to sell gold for profit and invest in tax-saving gold coins. The Royal Mint reported a surge in demand for gold coins, with revenues increasing by 110% in the third quarter of 2024. The rise in gold prices, geopolitical uncertainty, and falling interest rates have contributed to a 20% increase in the gold price in sterling this year, driving investors towards tax-efficient investments like gold coins to protect their gains and reduce tax bills.
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Could Investing $10,000 in Figma Make You a Millionaire?
Figma (NYSE: FIG) is experiencing significant growth, with a 41% year-over-year quarterly revenue increase; however, its stock has declined over 50% from its early August post-IPO peak despite seemingly healthy Q2 results. Some investors view this dip as a buying opportunity, speculating that a $10,000 investment could potentially yield over a million dollars in the future. Want More Context? 🔎
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