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Gold’s Record Rally Spurs Interest in Mining Stocks Amid Dollar Weakness
Gold’s Record Rally Spurs Interest in Mining Stocks Amid Dollar Weakness
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BTCCSquare news:
Gold prices have surged 28% year-to-date, outpacing the S&P 500's 10% gain as central banks accelerate bullion purchases. The metal's breakout defies traditional safe-haven patterns, rising alongside equities since Russia's 2022 Ukraine invasion triggered a global de-dollarization trend.
Central banks now reportedly acquire 80 metric tons monthly ($8.5 billion at spot prices), with Russia, China and India leading the charge. This institutional demand coincides with Trump-era tariffs and fiscal policies that have eroded dollar dominance, creating tailwinds for hard assets.
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