Gold, currency moves and global rebalancing shaped markets in 2025: Ray Dalio

January 7, 2026

Ray Dalio argues that currency moves, gold’s surge and global capital reallocation defined markets in 2025, not US equity rallies. He warns of low future returns, stretched valuations and rising risks from debt, geopolitics and weakening demand for government bonds.

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Lodha Developers Q3 net profit at Rs 960 crore, revenue at Rs 4,670 crore

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