Gold Purchases Accelerate as Dollar Confidence Wanes - Global Finance Magazine
Gold Purchases Accelerate as Dollar Confidence Wanes - Global Finance Magazine
Source: Global Finance Magazine
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DW NOTE
Gold has fallen 24% from its January peak to $4,038 while the S&P 500 climbed 21% — so much for the safe-haven narrative. Central banks spent two years buying into a metal that promptly halved investor returns against equities the moment geopolitical risk actually eased. The dollar isn't losing confidence; gold is losing relevance.