US Dollar Plummets: Gold Soars to Record High Amid Trade Tensions

The US dollar has experienced a dramatic decline, dropping to its lowest point in three years as global trade tensions intensify under President Trump’s policies. Trading data shows the DXY Index plummeting to 98.23, marking a historic low since March 2022. This weakening of the greenback coincides with an upward trend in gold prices and a surge in Bitcoin. Experts attribute this shift partly to escalating trade tensions and investor sentiment towards global economic uncertainties.