Washington, Jan 28 (V7N)-  The US dollar has fallen to its lowest level in four years, weighed down by global economic uncertainty and a sharp rise in gold prices, according to a report by British news agency Reuters on Wednesday.

Gold prices surged more than three percent, crossing $5,200 per ounce for the first time in history, as investors flocked to safe-haven assets amid heightened global volatility.

Market analysts say the dollar traditionally moves inversely to gold prices, meaning the greenback tends to weaken as gold gains strength. As gold continues its upward trajectory, concerns are growing that the US currency is facing a crisis of confidence among investors.

The dollar’s decline has triggered increased selling pressure in currency markets, further deepening its losses. Investors remain cautious amid uncertainty over global economic conditions and monetary policy direction.

Despite the downturn, US President Donald Trump sought to downplay concerns, saying the dollar remains strong and valuable despite recent fluctuations.

Financial experts warn that continued instability could further weaken the dollar if investor confidence does not recover in the coming weeks.

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