Risk aversion wave sweeps the globe: from retirees to hedge funds, all investors are rushing to buy gold!

The Zhitong Finance APP noticed that, according to Dow Jones market data, gold is experiencing its strongest rally in decades, with prices already up by 40% this year, reaching a historical high of $3,682.20 per ounce on Monday. This surge marks the most rapid annual increase since 1979, when concerns about inflation triggered a global rush for precious metals.