Gold's bull run this year has trounced even the artificial intelligence trade that drove stocks to all-time highs. The precious metal is now buckling a bit. Futures tied to the precious metal fell more than 1% on Wednesday, one day after plunging 5.7% — the worst daily performance since June 2013. The sudden declines put gold about 8% below the record levels seen earlier this month, when gold broke above $4,300 an ounce and briefly neared $4,400. Despite the downdraft, gold remains perhaps the best trade of 2025. Futures are up about 54% year to date, far outpacing the S & P 500's 14% advance. The yellow metal has even outperformed some individual AI-related names, such as Meta Platforms and Nvidia . UBS Global Wealth Management strategist Wayne Gordon thinks this sharp correction is due m

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