PRECIOUS-Gold's blistering rally continues past $5,200 as dollar plunges to 4-year low
Gold prices surged past $5,200, reaching a record high of $5,224.95 per ounce, as the U.S. dollar fell to a four-year low. This rise is attributed to geopolitical concerns and comments from President Trump suggesting a preference for a weaker dollar. Gold has increased over 20% this year, with analysts predicting potential further gains, including a forecast of $6,000 per ounce by 2026. Meanwhile, silver and platinum also saw significant price increases, reflecting strong investment demand in precious metals.