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As Hypervolatility Rages, the Gold Price Is Surging for One Simple Reason

June gold futures peaked at $1,677.20/oz., fully offsetting losses incurred over a ten-day slump earlier this month. Bullion is one of the only positive-returning assets of 2020, partly because options for wealth preservation are extremely limited right now. U.S. economic numbers are about to get even grimmer as millions are laid off work amid the…