Gold Nearing Record Highs: What That Really Means The price of gold has surged above $4,630 an ounce, brushing up against all-time highs as investors increasingly seek refuge from market volatility. In fact, gold prices have risen nearly 70% compared with the same time last year, underscoring the intensity of this bull run and the strength of safe-haven demand. On the surface, that might look like a technical market event—a routine reaction to global uncertainty or dollar weakness. But underneath, it’s a flashing red light that how inflation affects gold investment is becoming clearer: serious capital is fleeing fiat and pouring into assets perceived as stores of value rather than yield producers. The recent spike is no anomaly. It reflects…

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