Gold above $4,700 revives Ray Dalio’s “new monetary order” warning as dollar jitters grow
Gold surged above $4,700 an ounce Tuesday, reaching $4,726.86 before midday, as U.S. tariff threats tied to Greenland rattled markets. Silver also set a new record. Ray Dalio’s 2025 warning about a “breakdown of the monetary order” resurfaced in trading circles. Analysts cite trade policy and Fed uncertainty as driving the flight to safe-haven assets.