Gold tops $5,000 for first time in ‘breathtaking and deeply terrifying’ rally
Gold (GC=F) rose above $5,000 an ounce on Sunday, hitting the key milestone earlier than Wall Street expected, raising questions about the dizzying speed of the rally in precious metals. The rise in gold has become a feature of the so-called “debasement trade”, with investors buying assets to protect against the erosion of purchasing power … Read more