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Investors Shift to Gold as Dollar Weakens Further

10/23/2025

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Summary

Story summary

Global markets react to inflation and deficits, fueling a debasement trade.
Investors are buying hard assets such as gold and silver with strong returns.
The U.S. dollar has declined 9% this year, with further depreciation expected.
David Kelly of JPMorgan advises U.S. investors to consider UK and European stocks for better returns amid a weaker dollar.
The First Trade index has adjusted its portfolio, adding Tesla and removing Caterpillar.

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Story summary

Global markets react to inflation and deficits, fueling a debasement trade.
Investors are buying hard assets such as gold and silver with strong returns.
The U.S. dollar has declined 9% this year, with further depreciation expected.
David Kelly of JPMorgan advises U.S. investors to consider UK and European stocks for better returns amid a weaker dollar.
The First Trade index has adjusted its portfolio, adding Tesla and removing Caterpillar.