Gold prices soared to new record highs following U.S. President Donald Trump’s announcement of fresh tariffs on steel and aluminum imports. Investors turned to bullion as a safe-haven asset amid escalating trade tensions and fears of global economic instability.
Tag: Gold
Bitcoin’s Value Relative to Gold Reaches All-Time High Amidst Year-End Market Surge
The ratio of Bitcoin’s price to gold’s price has reached an unprecedented peak, coinciding with a significant increase in Bitcoin’s value during the final months of the year. This surge reflects complex interactions within the cryptocurrency and precious metals markets, prompting analysis of potential contributing factors.