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Axios
Axios

Gold's rally signals investors' eroding trust in the U.S.

Data: Financial Modeling Prep; Chart: Axios Visuals

Gold — typically a safe-haven in times of turmoil — is soaring at the same time the stock market is hitting new highs, an unusual dynamic that is troubling some market insiders.

Why it matters: The rally in gold reflects investors' desire to diversify away from dollar-denominated assets as trust in the U.S. slowly erodes, they say.

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