Gold demand surges as banks & markets look for a safety net amidst tensions

The Kobeissi Letter

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JUST IN: Gold prices rise to a new record high of $2,450, now up 23% in just 3 months. Gold prices are now up 35% since October, even outperforming the S&P 500's gain of ~29%. As geopolitical tensions in the Middle East continue to escalate, gold is being viewed as the global…