🚨Gold update 🚨🤑
Historic 11% Plunge Gold suffered its worst weekly performance in 43 years, falling 11% to $4,488/oz as rising oil prices removed key tailwind. The decline mirrors 1983's OPEC-driven selloff when Middle East nations liquidated reserves for cash.Fed Policy and Dollar Strength Strengthening USD and Fed signaling only one 2026 rate cut drove the collapse. Bitcoin decoupled from gold, rising 11.6% since conflict began, suggesting crypto's evolving role as alternative store of value during traditional safe-haven failures.
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