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flag 2023 gold demand increased 3% YoY to 4,899 tons driven by India and China, with prices reaching an all-time high due to US inflation and market uncertainty.

flag In 2023, gold demand surged 3% YoY to 4,899 tons, driven by emerging markets like India and China. flag This increasing trend is expected to continue in the current year. flag Amid US inflation and market uncertainty, gold prices reached an all-time high, increasing by 13%. flag Rio Tinto Group (RIO) is a prominent gold stock, but its position against other gold stocks is not explicitly mentioned in the context of this article.

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