Gold hits record high as dollar weakness fuels rally
TL;DR
Gold rose to a record above $5,300 an ounce, up more than 22% this year as a weaker dollar, central-bank buying, and strong investor demand via ETFs and physical bullion boosted the safe-haven metal amid geopolitical tensions and US policy concerns.
- Gold climbs to record high after slide in dollar Financial Times
- What is driving gold’s relentless rally? The Economist
- Gold Price Surpasses Record $5,300 Amid Weakening Dollar, Fed Independence Concerns Forbes
- Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what's next CNBC
- Gold, Silver Prices Soar Again as Dollar Drops. Why the Fed Rate Call Is Key for the Rally. Barron's
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