24 Oct 2025 | 3 Mins Read
Ray Dalio predicts gold price increase
Flipitmoney
Gold hit a three-week high around $4,220 per ounce due to Ray Dalio's positive outlook despite falling 0.2% to $4,118.68 per ounce on a stronger dollar and investor caution. Dalio believes sanctions strengthen gold's value as a non-fiat currency. US gold futures declined 0.3% amid hope for easing US-China tensions and a stronger dollar.