Gold Prices Hit Record High Amid Trade War Concerns
- Gold prices have reached a new high of $3,117 per ounce.
- The surge is attributed to fears surrounding trade wars.
- Central banks are aggressively purchasing gold.
- Experts suggest this trend could lead to increased bitcoin acquisition.
- Goldman Sachs has raised its year-end gold price forecast.
Gold prices have surged to a record $3,117 per ounce due to trade war fears and significant purchases by central banks. This rise has prompted Goldman Sachs to adjust its year-end forecast for gold prices upward.
Source (2.6)https://news.bitcoin.com/experts-golds-rise-doesnt-undermine-bitcoins-digital-gold-status/?rand=52384
