Gold’s price record is driven by the ‘debasement trade,’ China, and fear of an AI bubble, analysts say
Gold surged over $4,000/oz, up 50% this year, driven by investor fears over government debt, a weaker dollar, a buying spree by China’s central bank, and concerns the AI stock boom may collapse. With the U.S. shutdown set to continue, investor uncertainty is likely to push the price higher still. Gold broke a new record … Read more