🔥 Gold’s Insane Rally: Now Takes 116 Hours of Work to Buy 1
nia khan
Updated at: 3 hours ago
{"content":"🔥 Gold’s Insane Rally: Now Takes 116 Hours of Work to Buy 1 Ounce! 💰😳
Gold has completely dominated every other asset this year — running so hot that it now takes 116 hours of minimum wage work in the U.S. to buy just one ounce, the highest ratio in over 100 years! 🏆✨
At around $4,225/oz, gold’s surge has left wage growth in the dust. The ratio has doubled in just 18 months, shattering past records from 1930, 1980, and 2011. Back in 2000, that same ounce cost less than 20 hours of labor — a stunning reminder of how far gold has outpaced real income. 📈⏳
So what’s fueling this monster rally?
🔸 Massive central bank buying
🔸 Outflows from the U.S. dollar
🔸 Heavy inflows into gold-backed ETFs
🔸 Rising geopolitical tensions and rate cut bets from the Fed
Even after briefly dropping 2.6% to $4,211/oz following Trump’s comments on tariffs with China, gold remains up 64% YTD — its strongest bull run in decades. 🦁📊
Analysts see no end in sight:
🏦 Standard Chartered expects an average of $4,488 by 2026
💰 HSBC raised its forecast to $3,455 for 2025, with potential to hit $5,000+
Meanwhile, silver, platinum, and palladium are all slipping as speculative heat builds — marking gold’s third historic breakout in 50 years, after similar frenzies in 1980 and 2011.
As global distrust in the dollar rises, nations are loading up on gold as the ultimate safe haven. 🌍⚡
📊 Gold isn’t just shining — it’s rewriting history.
#Gold #Binance #Markets #Commodities #CryptoVsGold ","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}