00:00Right. Analysts also link the weakened dollar to this rise in gold.
00:06How did the dollar now in its weakened state contribute to this rise of gold?
00:13That's right. The dollar's decline is part of the story.
00:15The greenback has taken another hit as concerns continue to swell about the impact of tariffs,
00:20but also high government spending and inflation on the U.S. economy.
00:25And this has been prompting investors to recalibrate their exposure to the United States.
00:31And a weaker dollar makes precious metals more attractive to buy, denominated in the currency.
00:38So as this march towards shelters offering security continues with the preservation of capital,
00:44the priority gold and silver really are continuing to shine.
00:48And I think as all of this concern about a U.S. shutdown ratchets up as well,
00:54I can't really see right now where you're going to see a specific trigger for any significant fall in the precious metals.
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