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Dalio Echoes Griffin in Seeing Gold as Safer Than the US Dollar
Yahoo Finance·2025-10-08 00:56

(Bloomberg) — Billionaire Ray Dalio said that gold (GC=F) is “certainly” more of a safe haven than the US dollar (DX=F) and the metal’s record-setting rally echoes the 1970s, when it surged during a time of high inflation and economic instability. The remarks from Dalio — who founded the hedge-fund firm Bridgewater Associates — came during an appearance at a conference on Tuesday, when he was asked whether he agreed with the view of Citadel’s Ken Griffin that gold’s rise reflected anxiety about the US cur ...