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Another U.S. government shutdown could be about to pile on even more pressure as gold tops $5,000 per ounce and silver breaks $100—leaving some asking, “Where is bitcoin?”
As gold hits record highs and the dollar weakens, here's what investors should know about the shifting dynamics.
The price of gold surpassed $5,000 per troy ounce for the first time ever while silver also soared to record highs as precious metals have become an increasingly attractive asset class in the face of a weakened US dollar,
Traders are braced for this week’s inflation reading to be higher than previously expected—triggering warnings of "unprecedented
Geopolitical tensions, Trump's tariff threats, and inflation fears have helped propel gold to $5,000 for the first time ever on Monday.
As the US dollar suffers its worst value collapse in history, investors are stampeding into gold, propelling prices beyond $5,000 an ounce.
Wall Street analysts expect the gold rally to continue as investors pile in because of mounting geopolitical uncertainty and economic concerns.
TEMPO.CO , Jakarta - The price of gold continues to reach new heights. On Monday, January 26, the metal broke through the milestone of $5,000 (€4,217) per troy ounce (31.1 grams) for the first time — a further sign that investors are flocking to what's generally perceived to be a safe-haven asset amid rising geopolitical tensions.
Price of gold jumps above 5,000 US dollars for first time - It comes after a strong rally throughout last year which saw the value of the precious metal rise by more than 60%.
Government bond markets in high-debt countries are under pressure as investors fear heavy borrowing will erode the value of money.