Reported 2 days ago
Billionaire Ken Griffin cautions that the surge in gold prices signals potential trouble in U.S. markets as investor preference shifts away from the dollar. While Goldman Sachs predicts gold could reach $5,000 an ounce by the end of next year due to ongoing ETF inflows, Griffin highlights a broader trend of asset inflation and the depreciation of the dollar, suggesting that gold is increasingly seen as a safe haven.
Source: YAHOO