Bitcoin.com News
Bitcoin.com News|Feb 06, 2025 10:32
Gold Hits New All-Time High! 🥇 Gold has once again proven to be the go-to commodity for hedging against uncertainty, soaring to 2,901.5 on February 5! 📈 As it approaches the 3,000 mark, experts believe the market still has room to rise amid ongoing geopolitical tensions. Investment Analyst Rashad Hajiyev noted, “Gold is on fire. Keeps making new record highs every day. Something is brewing beneath the surface.” 🔥 With recent tariffs on Chinese imports and potential tariffs on European goods, investors are on high alert, reinforcing gold's status as a hedge against economic turmoil and inflation. Interestingly, Western investors are now opting for physical gold, with nearly 1 million troy ounces reported on COMEX last Friday! As markets react to Trump's recent tariff decisions, will gold continue its upward trajectory? What are your thoughts?
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