Central Bank Hedging Triggered Gold Fever
24 March 2026, 08:15 KUALA LUMPUR, Malaysia, March 24 (IPS) - In mid-1971, US President Nixon ended the dollar’s gold peg at $35 per ounce, triggering de-dollarisation. The 2025 gold and silver rush followed private speculators trying to profit from central banks hedging against perceived new risks.
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