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U.S. Dollar Weakens: Gold Rises Amid Market Surge

10/1/2025

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Story summary
  • The U.S. dollar is weakening, lifting gold and other safe-haven assets.
  • Benjamine Reitzes, a BMO economist, warns of a melt-up in risk assets if the Fed cuts rates further.
  • Toronto's market has surged 20.5% over nine months; U.S. markets are strong in 2025.
  • Real estate prices stabilize after weak demand; rising asset values widen the wealth gap.