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Bullion Index – Precious Metals

Tag: reserve asset

  • Gold’s Rise Amid Dollar Decline Signals Reserve Asset Shift

    Gold’s Rise Amid Dollar Decline Signals Reserve Asset Shift

    A shaky U.S. dollar is enhancing gold’s status as an alternative reserve asset, as global investors display diminishing trust in the U.S. financial system. Gold’s allure has surged amid a simultaneous decline in U.S. equities, bonds, and the dollar, reminiscent of the 1970s. The U.S. dollar’s weakening is fostering the emergence of a multi-asset reserve…