probably due to trump’s tariffs a lot of investors decided to seek protection by investing in gold many people consider gold to be a hedge against inflation so in these uncertain times for our economy you can expect for gold to be a safe place for your money
Peter Schiff been debating about Bitcoin vs Gold since, I can see why somehow he got it right. $7500 would make you richer if you are not this late yet about is rise.
There are rumors coming out that Trump will be reevaluate the price of Gold and then link them again to USD again so that our currencies will all be backed by gold once again. This is just what I have heard to some people coming up with their theories.
If its true though, it wouldn't be so bad.