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Investor Trust

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Gold's Historic Rally Reflects Waning U.S. Trust and Global Uncertainty
finance3 months ago

Gold's Historic Rally Reflects Waning U.S. Trust and Global Uncertainty

Gold prices have surged to over $4,000 an ounce, marking its best year since 1979, amid eroding trust in US institutions and a desire among investors to diversify away from the dollar, driven by geopolitical tensions, economic uncertainty, and central bank buying. This rally signals concerns about the US's economic stability and the dollar's status as the global reserve currency.