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2025-04-16 19:35:38 UTC
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Ahi on Nostr: ...

What's going on? Gold +10% in a week.

This has happened five times between 1971-2024

Jan 1980: Iranian Revolution, Soviet-Afghan war, and high U.S. inflation, gold surged over 30% in a week, peaking above $800/oz.

Oct 2008: 18% in a week. Investors looking for safe haven.

Mar 2020: Early COVID-19 panic. Nearly 14% weekly.

Mar 2022: Invasion of Ukraine triggered a weekly gain over 10% as geopolitical risks spiked.