
Mike McGlone|Mar 10, 2025 12:13
Gold Gaining Upper Hand vs. Bitcoin as Copper Faces US Trade Gap - Tariff front-running and #gold inflows into the US have ballooned the trade gap to a record, and the near certainty of reversion may favor the metal. Leading indicator #Bitcoin, putting distance below 100,000, could gain a companion in #copper under 4.75 a pound, with implications for most risk assets.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sswk2dt1um0w {BI COMD}
#commodities #metals #macroeconomics @BBGIntelligence
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