you know how we have a piggy bank where we put money? well, the big people have something like that too. it's called a market. and in this market, they can put their money in different things like companies, or things they think will be valuable in the future. the more money people put in something, the more valuable it gets. but sometimes, people get scared and they want to take their money out. so they start taking their money out, the thing loses its value. that's what happened here. people got scared and they started taking their money out. that's why things like companies and things in the market lost value.
now, everyone is hoping that the big people who make decisions about money will do something to make people feel better. because if people feel better, they will start putting their money back in. and when they start putting their money back in, things will start getting valuable again. that's what all the people who talk about it are hoping for. but we will have to wait and see.
Read from source...
Positive
### AI:
Gold hits new high as dollar weakens
Gold prices have hit a new high as the US dollar weakens. Analysts predict that the dollar could weaken further, potentially leading to a rise in gold prices. According to the World Gold Council, gold prices have increased by 12% so far this year, and by 38% over the past five years. The council predicts that gold prices will continue to rise in the long term, driven by factors such as geopolitical tensions, inflation concerns and quantitative easing.
Check out our in-depth analysis and insights on stocks, options, ETFs, and more. Our actionable reports and alerts provide investors with valuable information and market trends. Stay informed and make smarter investment decisions with Benzinga.