Final answer:
High interest rates do not depress gold prices. Gold is often seen as a safe haven investment during times of high interest rates and economic uncertainty.
Step-by-step explanation:
False. High interest rates do not depress gold prices. In fact, gold is often seen as a safe haven investment during times of high interest rates and economic uncertainty. When interest rates are high, investors may seek to purchase gold as a hedge against inflation or currency devaluation.
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