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As markets unravel, gold heads for its best three-day rally since the COVID-19 chaos - MarketWatch

1. Gold surged over 8% in three days amid market turmoil. 2. DXY and Treasuries are down, heading for weekly losses. 3. Gold is attracting investments, competing with dollar and Treasuries. 4. U.S. stock indexes have shown volatility due to tariff concerns. 5. Tariffs have spurred uncertainty, impacting asset flows.

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FAQ

Why Very Bearish?

DXY's decline indicates a bearish outlook; historical data shows similar trends during economic instability.

How important is it?

Tariff-induced volatility tends to weaken the dollar as investors seek gold and Treasuries.

Why Short Term?

The immediate market reaction is driven by tariff news; historical volatility suggests fleeting impacts.

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