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USD Collapse: US Dollar Crashes 10% YTD, Gold Prices Surge
USD Collapse: US Dollar Crashes 10% YTD, Gold Prices Surge
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The year 2025 has seen a significant decline in the value of the US dollar, with the DXY index dipping nearly 10% year-to-date. Gold prices, on the other hand, have surged nearly 29% YTD, reaching a high of $3,385 on Monday’s opening bell. Commodity traders are losing confidence in the US dollar and relying on gold instead, as it has been a sought-after asset since 2022.
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