Topic: xauusd

Gold Steals Bitcoin’s Spotlight As Inflation Fears Hit Investors For Real

Gold Steals Bitcoin’s Spotlight As Inflation Fears Hit Investors For Real

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Gold price continued to rally as the inflation in the US crept north of 4 percent, invoking fear in investors and traders. Meanwhile, Bitcoin (BTC), the cryptocurrency that presented an effective hedge throughout the pandemic crisis in 2021, was still consolidating after the devastating crash since May 13.

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