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  • 4/27/2025
Gold prices soared past $3,500 per ounce Tuesday, marking a new milestone as investors rushed to safe-haven assets, according to Benzinga. The surge comes amid rising concerns over U.S. economic stability and the Federal Reserve’s independence. The SPDR Gold Trust jumped on Monday as fears intensified following President Donald Trump’s renewed attacks on Fed Chair Jerome Powell. Allianz Chief Economic Advisor Mohamed El-Erian wrote in the Financial Times that the surge in gold reflects deeper shifts in the global financial system, including growing central bank diversification away from the dollar. The U.S. Dollar Index dropped to a two-year low, while Bitcoin mirrored gold’s momentum.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Gold prices soared past $3,500 per ounce Tuesday, marking a new milestone as investors rushed to
00:07save David assets, according to Benzinga. The surge comes amid rising concerns over
00:12U.S. economic stability and the Federal Reserve's independence. The SBDR Gold Trust jumped on
00:17Monday as fears intensified following President Donald Trump's renewed attacks on Fed Chair
00:22Jerome Powell. Alliance Chief Economic Advisor Mohammed L. Arian wrote in the Financial Times
00:28that the surge in gold affects deeper shifts in the global financial system, including
00:33growing central bank diversification away from the dollar. U.S. dollar index dropped to a two-year
00:38low, while Bitcoin mirrored gold's momentum. For all things money, visit Benzinga.com slash GSTV.

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