Bets Against the Dollar Boost Gold & Bitcoin
Edited By WION Video Desk
Published: Oct 07, 2025, 11:21 IST | Updated: Oct 07, 2025, 11:21 IST
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Precious metals and Bitcoin are rising to new all time highs this year, alongside risk assets like stocks.
This comes as the US Dollar is on track for its worst year since 1973, signaling a “generational” macroeconomic shift. Back in 1973, the dollar's devaluation came after the collapse of the bretton woods system under US President Nixon.
This year, central banks have shored up their gold holdings to nearly a quarter of their reserves at the cost of the dollar.
Take a look at the next report for more on this...
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