Investment strategist Jeffrey Gundlach, referred to as the "Bond King," advocates for gold as the genuine monetary asset, anticipating a fresh record high for the precious metal.

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Starting off, DoubleLine Capital's Jeffrey Gundlach, also known as the "Bond King," predicts gold's explosive rally isn't done yet. With gold prices currently hovering around $3,275, Gundlach anticipates that the precious metal will reach a new all-time high and surpass $4,000.

Why? Well, investors are flocking to gold as a safe haven from the turbulence created by President Trump's tariffs and the growing sense of debt concern. Essentially, investors are viewing gold as a robust, independent asset class—one that offers protection from the chaos.

A quick refresher: gold has already experienced a significant uptrend since November 2022, skyrocketing from a low of $1,616 to its current $3,275 price. Ready for more? Last month, gold hit an all-time high of $3,500!

While Gundlach is all rosy about gold, the sentiment differs for the U.S. stock market. Last month, he predicted that the S&P 500 would plummet to 4,500 points to reach a more sustainable bottom[3]. Currently, the S&P 500 is trading at 5,659.

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Now, let's delve into the latest announcements in the industry[4]:

Binance Alpha's recent moves in Web 3.0 show its influential impact on the space.
NEXPACE has launched MapleStory N and the NXPC token, shaping a new future for the MapleStory universe.
GSR has invested in Maverix Securities to facilitate the launch of regulated digital asset structured products.
Sportsbet.io has announced a One Million USDT giveaway in celebration of the Champions League finale.
Whale.io is well on its way to TGE, introducing the 'Wager and Earn' campaign and launching the WHALE token conversion.
Edgen has introduced the 'AI Super App,' aiming to democratize institutional-grade crypto market intelligence.
BC.GAME has unveiled a new logo and boosted its crypto integration in the iGaming sector.

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[1] Gold Prices To Soar To $4,000 Says DoubleLine's Gundlach[2] Gold Surges to New All-Time High Above $3,500, Could DoubleLine's Gundlach Be Right?[3] What is Jeff Gundlach Banking on with a S&P 500 Prediction?[4] Industry Announcements for The Daily Hodl - May 16, 2025[5] DoubleLine's Jeff Gundlach Says Gold on Precipice of Multi-Year Bull Run

In the dynamic world of crypto and finance, altcoins such as Binance's BNB, NXPC from NEXSPACE, or WHALE from Whale.io, may benefit from the bullish market sentiment surrounding cryptocurrencies like Bitcoin and Ethereum, as gold, currently at $3,275, eyes a new all-time high of $4,000. Investors seeking protection from financial turbulence could potentially find the blockchain-based assets as an appealing alternative for diversifying their portfolios. Keep in mind to always conduct thorough due diligence and invest responsibly.

Investment strategist Jeffrey Gundlach, referred to as the "Bond King," advocates for gold as the genuine monetary asset, anticipating a fresh record high for the precious metal.