All That Glitters Is Gold

Group 1: Gold Market Insights - Spot gold prices have surged past $4,000 per ounce for the first time, driven by safe-haven demand amid economic and geopolitical uncertainties [4][5] - Gold has doubled in value in less than two years, influenced by central bank buying and diversification away from the U.S. dollar, as well as geopolitical conflicts [5] - Ray Dalio suggests that investors should allocate up to 15% of their portfolios to gold, citing a market environment similar to the early 1970s characterized by inflation and high government spending [6] Group 2: Company Developments - Elon Musk's xAI has raised its ongoing funding round to $20 billion, which includes up to $2 billion from Nvidia [3] - Tesla's stock has slid following the announcement of cheaper Model Y and Model 3 vehicles [8] - Salesforce has resisted an extortion attempt by hackers, indicating resilience in its operational security [8] Group 3: Economic Indicators and Market Performance - Carlyle has released its own economic indicators, reflecting a proactive approach to market analysis [9] - Vietnam is set to be upgraded to emerging market status by 2026, which could attract more investment [9] - Current market performance shows mixed results, with gold prices increasing by 1.3% to $4,057.70 and crude oil rising by 1.1% to $62.38 [9]