
Bitcoin.com News|Apr 07, 2025 14:27
After a strong Q1 rally, gold hit turbulence amid trade war fears, briefly dropping below 3,000 per ounce on April 7. This near-3% drop, following a peak of above 3,165, challenges its status as a safe-haven asset.
Goldman Sachs revised its year-end forecast upward, citing gold's 25% YTD gain as investors seek stability during global uncertainty. Meanwhile, the trade war and market turmoil continue to fuel debates on gold vs. bitcoin as a store of value. 🏦🔗
Is gold still the ultimate safe-haven asset, or has its shine dimmed? Let us know!
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