Is that paper gold? Here in honest physical markets, it's still far lower: https://goldrate.com/gold-rate-uae/

Even goldprice CFD is not there yet

Gold Price

Gold Price

Where the world checks the gold price

And the direction in which gold is fleeing is particularly interesting: from London and Switzerland directly to the USA. This is more than just telling, it is a terrible verdict on the policies of the European Union and the increasing control of its citizens. #gold #eu #usa

"The Big Print" by @npub1d3f4...r4xv is coming! View quoted note →

IMO the gold flow is more about front running potential tariffs than capital flight. Basically the threat of tariffs means gold in the US is trading at a premium, because it may be cheaper than importing soon, and this is creating an arbitrage for exporting gold to the US.