The flight to gold as a safe-haven asset is starting to worry Ken Griffin. The Citadel CEO said he believes investors viewed gold the way they once viewed the US dollar. Other things in the economy that concern him include the outlook for US debt and inflation. Gold just hit an all-time high of $4,000 an ounce, but if you ask Ken Griffin, that might not be a great sign. The metal is having its best year since the 1970s as factors like economic uncertainty, a weaker dollar, and inflation concerns dr ...

Inflation is substantially about target and substantially above target in all forecasts for next year. It means part of the reason the dollar's depreciated by about 10% in the first half of this year. It's the single biggest decline.In the US dollar in six months. In 50 years, gold is is at record highs and the appreciation in other dollar substitutes, to use that word loosely in items like crypto for example, is is is unbelievable. So we're seeing substantial asset inflation away from the dollar as as peop ...

Inflation is substantially about target and substantially above target in all forecasts for next year. It means part of the reason the dollar's depreciated by about 10% in the first half of this year. It's the single biggest decline.In the US dollar in six months. In 50 years, gold is is at record highs and the appreciation in other dollar substitutes, to use that word loosely in items like crypto for example, is is is unbelievable. So we're seeing substantial asset inflation away from the dollar as as peop ...

Gold prices have shattered records this week, briefly topping $4,000 an ounce for the first time ever. This caps off a near-50% surge in 2025 which has turned the oldest “safe haven” in finance into one of the world’s hottest and apparently most crowded trades. How this rise compares to previous years The surge is a markedly extreme move for an asset that typically posts single-digit annual gains. The last time gold climbed this fast was more than four decades ago , during the inflationary late 1970s, w ...

Ken Griffin, CEO of Citadel, expressed deep concern this week over gold’s soaring price and its implications for the U.S. dollar’s role as a global safe haven, according to Bloomberg. Gold futures just breached $4,000 an ounce, marking a gain of more than 50% so far in 2025. The U.S. dollar, measured by the U.S. Dollar Index (DXY) which tracks the value of the dollar against a basket of major foreign currencies including the euro, yen, and pound has lost around 10% of its value this year and currently sit ...