On Friday, gold broke past $3,000 for the first time this year as Gold prices hit a record high of $3,004 per ounce, driven by rising global tensions, inflation worries, and an increasing demand for safe investments. With this it has set a new all-time high for the 13th time and its market value has now surpassed $20 trillion. This has sparked questions about whether Bitcoin called “digital gold,” could see a similar rise.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Gold Hits Record $3,004, Can Bitcoin Follow Suit or Will It Continue to Struggle?
On Friday, gold broke past $3,000 for the first time this year as Gold prices hit a record high of $3,004 per ounce, driven by rising global tensions, inflation worries, and an increasing demand for safe investments. With this it has set a new all-time high for the 13th time and its market value has now surpassed $20 trillion. This has sparked questions about whether Bitcoin called “digital gold,” could see a similar rise.