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Crypto can’t beat gold as an inflation hedge, says Barrick boss

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The world’s second-biggest gold miner is confident prices will hold firm this year, if not rise, as investors use the metal rather than cryptocurrencies to hedge against inflation and jewellery demand picks up. “The risk is on the upside,” Barrick Gold Corp CEO Mark Bristow said in an interview in Riyadh, Saudi Arabia. “I don’t think there’s very much risk on the downside.”

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