Asfandyar Yahya

Gold has shattered every record &mdash; crossing $4,000 an ounce and shaking the foundations of global finance. But this story isn&rsquo;t just about price&mdash;it&rsquo;s about power.&nbsp; As central banks from China to Pakistan quietly replace U.S. dollars with gold, the world&rsquo;s financial map is being redrawn.&nbsp;This explainer unpacks why nations are hoarding gold like it&rsquo;s the last lifeboat on a sinking ship, how America&rsquo;s financial weaponization sparked a global rethink, and what it all means for ordinary Pakistanis now paying record prices at home.&nbsp; From Wall Street to Saddar Bazaar, this is the story of trust, fear, and the world&rsquo;s search for a new currency of confidence.

Articles tagged with "dollar"

Tell Me Why: Nations are ditching dollar for gold