
The spot price of gold has recently reached a record high, increasing by 15% since early March. This surge is attributed to its status as a 'safe haven' asset. Various market participants, including potentially central banks and investment funds, are increasing their gold purchases. Analysts are currently trying to understand the factors driving this unusual market behavior, considering possibilities such as concerns over the dollar's role and anticipations of a shift in Federal Reserve policies.



Why does war make everyone sell their crypto? https://t.co/cZkcmm3bNx
Why do you think #Bitcoin, which is historically a safe haven asset, is being sold every time geopolitical tensions worsen? https://t.co/A4t0vtp1p9
Still find the "WWIII" response in crypto markets weird. Like if you're really worried about escalation of a nuclear war, your fiat isn't going to be that useful either. And if you're not worried about the tail risk, why market sell?