Gold is now up $75 on the day to a fresh record just above $3400.
The monthly chart is harrowing as it goes parabolic.
Here is what's driving it:
The global world order is breaking downThe market wants safety from the US dollarGlobal economic growth indicators are worseningTrump is threatening the independence of the FedAI/robotics are ultimately deflationary and central banks will need to cut, particularly if the trade war cripples economiesWith the rally today, gold is up nearly 15% since April 7.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about gold breaks 3400 for the first time five things driving it higher was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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