Why is GOLD continuously setting new highs?
Not by chance. Gold is being 'powered' from multiple directions simultaneously:
1️⃣ Real interest rates are declining
Although nominal interest rates are high, inflation erodes the value of cash → holding USD becomes less attractive → money flows into gold.
2️⃣ Central banks are buying record amounts of gold
China, Russia, and other BRICS nations are reducing USD dependence and increasing gold reserves → extremely strong long-term demand.
3️⃣ Geopolitical risks are widespread
War, Middle East tensions, US-China relations, US elections...
👉 When the world is unstable, gold is always the top safe haven.
4️⃣ US public debt is out of control
Printing money to pay debt → loss of confidence in fiat currency → gold directly benefits.
5️⃣ Defensive capital flows are returning
Stocks are high, crypto is highly volatile → large investors balance risk by turning to gold.
Short conclusion:
Gold hitting new highs is not due to 'hype,' but because trust in paper money is weakening.
Controversial question 👇
👉 If gold has already broken its historical peak, how far is Bitcoin – the 'digital gold' – from its own peak?
$BTC $PAXG $XAU
#Write2Earn! #BinanceVietnamSquare