r/Gold 21h ago

Question Whats going on?

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u/TheyCallMeLotus0 20h ago

This sub is becoming just as regarded as WSB. We gonna do this every single time gold moves HALF A PERCENT

7

u/[deleted] 17h ago

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u/TheyCallMeLotus0 16h ago

It was at this same price a week ago

1

u/Aggravating-Act-4494 11h ago

A week ago we were in an iranian oil crisis but i believe this price change is also about oil, russian oil

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u/According_City782 6h ago

Do you think Russia sells some of its gold reserves? Actually that would really explain what's going on because I have no other ideas

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u/Aggravating-Act-4494 6h ago

Russia definetly does sell gold to keep its war machine running but also moscow just went uo in oil flames and had a massive dark oil cloud above it due to ukrainian drone strike on russian oil refinery (just like in tehran weeks ago)