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23 September, 2024

Gold Soars to New Highs Amidst Bitcoin’s Rally

23 September, 2024

In a surprising turn of events, gold has surged to record highs, gaining over 5% in just two weeks. This dramatic rise is fueled by a confluence of factors, including recent rate cuts and escalating geopolitical tensions. The precious metal is seen as a safe haven asset, attracting investors seeking to preserve wealth amidst market uncertainty. This surge comes as Bitcoin also rallies, reaching a monthly high above $64,000, showcasing a potential shift in investor sentiment towards both traditional and digital assets.