Gold Slips
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Gold should gradually rise to $3,750/oz by 4Q on likely safe-haven demand and a weakening U.S. Dollar, said Vivek Dhar of CBA’s Global Economic & Markets Research in a research report.
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24/7 Wall St. on MSNEnemies and Allies Dump US Dollars To Load Up On $370 Billion in GoldDriven by mounting geopolitical tensions, inflationary pressures, and a growing skepticism of the U.S. dollar, central banks around the world continued their gold-buying spree in early 2025. According to the World Gold Council,
Gold hits $3,345 and silver $33.49 as U.S. credit downgrade and fiscal concerns fuel demand for safe-haven assets amid growing macroeconomic and geopolitical risks.
Discover why gold (GLD, IAU) is seen as an anti-dollar asset and how owning tangible assets can help combat inflation and maintain wealth.
Trump's Treasury Department could do "a very smart thing" to ensure the strength and stability of America's anchor currencies, according to economist Judy Shelton.
With a whopping $348 billion in cash on his company’s balance sheet, it’s easy to assume Warren Buffett has no worries at all. But in a recent meeting with Berkshire Hathaway shareholders, the legendary investor admitted that he’s worried about the eroding value of the currency in which that cash hoard is held.
Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and Treasurys.
Gold prices fell Monday as the dollar dropped and safe-haven demand returned after Moody's downgraded the U.S. government's credit rating due to ballooning debt and deficits. Moody's cut the U.S. rating to Aa1 from Aaa,