Gold Hits Best Week Since 2008 Amid Bitcoin and Oil Decline

Reported 12 days ago

Gold is on track for its best weekly performance since 2008, reaching record highs, while both Bitcoin and oil are experiencing significant declines. Bitcoin has dropped by 8% recently, trading around $105,000, as market analysts anticipate falling oil prices due to oversupply concerns, exacerbated by geopolitical developments involving Russia and Ukraine. This divergence in trends raises questions about the economic outlook and the future of monetary policy.

Source: YAHOO

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