Gold price vs. Bitcoin price record rally: Mixed market signals, here's what it all means — Gareth Soloway

Gold price vs. Bitcoin price record rally: Mixed market signals, here's what it all means — Gareth Soloway

Are the gold and Bitcoin rallies sending mixed messages to the market, and which narrative should investors pay attention to more? Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, breaks down the two signals. – The upcoming FOMC meeting with new dot plots for U.S. interest rates and Iranian parliamentary elections could make March a pivotal month for the yellow metal, according to the latest gold market commentary from the World Gold Council .

- Recognizing exceptional leadership and vision, Kitco Mining selected Agnico Eagle Mines’ Ammar Al-Joundi and Snowline Gold’s Scott Berdahl as winners of Mining CEO Of The Year 2023. - The gold market is taking a hit following relatively hawkish comments from European Central Bank President Christine Lagarde, who said that the central bank will take incremental baby steps as it looks to normalize its monetary policy.

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Gold-backed ETFs see outflows as Bitcoin gains investment demandThe debate between gold and Bitcoin intensifies as gold-backed ETFs experience outflows while Bitcoin gains investment demand.
منبع: KitcoNewsNOW - 🏆 13. / 78 ادامه مطلب »

China to Rally on Reopen; Other Stocks Seen Mixed: Markets WrapAsian shares traded flat as earlier optimism that was triggered by positive Chinese holiday data dissipated.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »