In the early hours of Monday, as the world still groggily recovered from Easter feasts, gold made a *grand* entrance, galloping past the $3,400 per troy ounce mark like a determined stallion breaking free from its stall. The price of gold futures on COMEX reached a lofty $3,405.94—marking yet another all-time high. It’s as if the precious metal, tired of waiting, decided to crash through its previous barriers, which, just a few days ago, had been set by the record highs of April 17. Oh, what a rush it is to be gold this year!
The rush is not just a fleeting whim—no, it’s a carefully orchestrated affair, fueled by a mighty surge of $71 (+2.15%) in a single day. With the world plunged into economic chaos, and the ongoing trade wars battering the dollar’s fragile ego, gold is practically laughing at it all, as if saying, “Nice try, but I’m in control now!” It’s been quite the year for gold, with a year-to-date rise of 26.38%, making the dollar look like it’s stuck in a traffic jam.
And just when you thought the plot couldn’t thicken, President Donald Trump, in his usual dramatic flair, took to Truth Social to drop a little nugget of wisdom: “He who has the gold makes the rules.” As if the world didn’t already know that, but I suppose every golden nugget needs a good quote to accompany its rise. 🍿
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2025-04-21 12:28