Dollar Sinks to Three-Year Low as Gold Reaches Record High Amid Trade Tensions

The U.S. Dollar Index plummeted to its lowest level in three years on Monday, dropping to 98.23 amid escalating global trade tensions initiated by President Trump.

This decline represents an acceleration of the downward trend that has characterized the dollar's performance throughout the year, with the index falling more than 10% since the beginning of 2025.

Gold prices have surged to an all-time high of $3,380 per ounce, gaining 29% in dollar terms this year as investors increasingly seek safe-haven assets amid growing currency concerns.

Bitcoin also climbed above $87,000, potentially decoupling from tech stocks as it forges its own path in the financial landscape.