#us-dollar-weakness

#us-dollar-weakness

Gold has been on a tear as the dollar is under pressure, raising questions about global confidence and market risk. The US economy and markets are unmatched in size. The dollar is the king of currencies, and US treasuries are often considered a safe-haven asset. But, investors appear to be reassessing that. This has weighed down on the greenback and cooled the stock markets.

Gold has broken yet another record this week, illustrating just how anxious investors are about the health of the U.S. economy. This week, the price of gold hit $4,000 per ounce for the first time ever. That's the latest milestone in its massive ongoing rally, with prices rising more than 50% just this year. The precious metal is usually seen as a "safe haven" investment, especially when more mainstream assets seem risky.