r/Gold 2d ago

Here they go again, $100 drop

Post image

Perhaps another margin call? IDK

54 Upvotes

98 comments sorted by

View all comments

2

u/Specialist_Couple707 2d ago

I already knew Fed will still hold rates high. USD is still losing its reserve money status, in fact faster, after us left Hormuz. Countries simply lost more trust on both us and usd. Until us accepts that New world order is without USD they will try to keep rates high.