Gold Glitters While Dollar Sulks: A South African Money Story
Key Points
- Gold shines during dollar's slump, driven by disappointing e...
Looking for something shiny to distract you from economic uncertainty? Well, gold's got your back while the U.S. dollar throws a tantrum in the corner.
Dollar Does the Limbo
How low can it go? The greenback has stumbled to its lowest point since December 2023, performing worse than your investment advisor's stock picks. Disappointing PMI data and consumer sentiment have investors running to their favorite comfort metal - gold. Meanwhile, South Africa's rand is trying to keep its balance on this economic tightrope, thankfully finding some support from soaring gold prices.
Trump Cards and ...
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