Surge of Gold Past $3,500 As Safe-Haven Asset, Contrasts Bitcoin’s Volatility, Mixed Performance

Gold’s surge past $3,500 per ounce, driven by safe-haven demand amid geopolitical tensions and economic uncertainty, has indeed sparked questions about Bitcoin’s role as a competing safe-haven asset. The precious metal’s rally reflects investor preference for its stability during turbulent times, fueled by factors like central bank buying, a weakening US dollar, and expectations of […] The post Surge of Gold Past $3,500 As Safe-Haven Asset, Contrasts Bitcoin’s Volatility, Mixed Performance appeared first on Tekedia.

Surge of Gold Past $3,500 As Safe-Haven Asset, Contrasts Bitcoin’s Volatility, Mixed Performance

Gold’s surge past $3,500 per ounce, driven by safe-haven demand amid geopolitical tensions and economic uncertainty, has indeed sparked questions about Bitcoin’s role as a competing safe-haven asset. The precious metal’s rally reflects investor preference for its stability during turbulent times, fueled by factors like central bank buying, a weakening US dollar, and expectations of […]

The post Surge of Gold Past $3,500 As Safe-Haven Asset, Contrasts Bitcoin’s Volatility, Mixed Performance appeared first on Tekedia.

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