15:I[66739,["/_next/static/chunks/0_jglizaxuvid.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/00yc4h63rurg4.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/05hx6kuf6-oy4.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/0nu8l7y_o7n97.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/166.u_60qj09..js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/0g9_wl34k-6l4.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/06dn~uer6.43l.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh"],"default"] 17:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_5ZwXP4xeJZU2ZnJeJ32YrxBSRmmh"],"IconMark"] 16:T52b,

Gold just broke above $4000 for the first time ever, and Joe Cavatoni believes it's more than just a safe-haven play. Cavatoni points to growing concerns over the U.S. dollar's status as a reserve currency, rising debt levels, and central banks' continued gold buying sprees. He also notes that September saw a record $17 billion in gold ETF inflows, with Q3 notching the strongest quarter on record.

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Gold Soars to $4000 as Reserve Currency Concerns Mount

Schwab Network

Gold Soars to $4000 as Reserve Currency Concerns Mount