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What just happened to make it jump like that?

I'd say Trump sending a dozen or so C-5 Galaxies packed with weapons to Yemen to threaten Iran would do the trick. That and we've got Liberation Day and the 10y took a nosedive.

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Jospeph Wang was discussing gold in his latest market podcast and he mentioned that when it comes to geopolitical risk, some people know changes in advance and that this could impact prices in the market before the general public and institutions become aware of it.
 
Some people like who? Who would want to manipulate the gold price and why?

Front running the news before it's hit rather than manipulating.

He didn't expand on his statement. Insider trading I'd guess with sources close to Defence Department.
 
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Yes, silver slipped under the radar here, goes to show that in large scale world events the attention turns to gold
For better or worse.
 
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