Gold Hits Record High as Bitcoin Stalls Below $92K
Gold surged to a historic high above $4,730, marking an 8.9% year-to-date gain and an 80% annual rally. The precious metal's ascent contrasts sharply with Bitcoin's recent stagnation below $92,000, which has managed only a 4.9% YTD increase despite early-year momentum.
The divergence highlights gold's renewed appeal as a store of value amid macroeconomic uncertainty, while cryptocurrencies face headwinds from regulatory scrutiny and shifting risk appetites. Market observers note gold's breakout coincides with central bank accumulation and inflation hedging demand.