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Gold Hits $4,000 for the First Time Ever What's Happening? Gold prices have just broken through the $4,000 per Ounce, mark for the first time in history, reaching $4,019 early Wednesday morning. This is a huge milestone – prices have more than doubled in less than two years and jumped over 50% just this year alone. Why Is This Happening? There are a few key reasons driving this massive rally: 1. Central Banks Are Buying Like Crazy Central banks around the world have been stockpiling gold &