Gold has reached new highs, exceeding $3,000 an ounce, outpacing Bitcoin in recent weeks. Experts discuss a potential trend reversal.
Gold Price Surge and Forecasts
Gold has reached $3,000 an ounce for the first time in history. It is expected to gain 15% by 2025 due to market volatility, strong ETF inflows, geopolitical uncertainty, and tariff concerns related to former US President Donald Trump.
Diverging ETF Trends: Gold vs. Bitcoin
According to Charlie Morris of ByTree and manager of BOLD ETF, which tracks both gold and bitcoin, gold has attracted $10 billion in ETF inflows, while Bitcoin has lost $5 billion. Morris noted, “Sooner or later, the flows will reverse again, as they always do.”
The Future of Gold and Bitcoin Investments
Gold continues to rise as investors seek safe havens amid global economic uncertainty, while Bitcoin faces volatility. Analysts discuss the future of the cryptocurrency and its potential market comeback. For now, gold is taking center stage, but if history is any indication, Bitcoin could soon make a strong comeback.
Gold's ascent is impressive, but it does not guarantee continuation of the trend. Bitcoin may return to the scene, as foreseen by analysts.
