The US dollar has lost more than 10% of its value in 2025 as an economist warns precious metals prices are sending a major warning on the global financial order.
The US Dollar Index (DXY) has lost 10.41% of its value since the start of 2025, meaning the world’s reserve currency has heavily depreciated against a basket of major foreign currencies like the euro, yen and pound.
The dollar decline has happened as precious metals like gold and silver witness historic breakouts, with gold rising 65.32% to $4,331 per ounce and silver rising 147.97% to $72 per ounce.
In a new op-ed in The Free Press, Economist Tyler Cowen says the dramatic surge in precious metal prices represents a “flash warning for the economy.”
“The
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!