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Gold Surges 54%, Reaches Record $4,000 Mark

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Gold Surges 54%, Reaches Record $4,000 Mark
Source: Adobe Stock

Gold has broken through another symbolic barrier, hitting an unprecedented price of $4,000 per ounce. Since the start of the year, the metal’s value has climbed nearly 54%, making it one of the best-performing assets on the market.

According to Tomasz Gessner, Chief Analyst at Tavex, the drivers behind this surge remain consistent: “The enormous U.S. debt, ongoing de-dollarization efforts by countries in the East and Global South, and heightened geopolitical tensions all continue to support…

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