Gold Surges to $5,100 Amid Global Uncertainty, Bitcoin's Safe Haven Status Tested
Gold has experienced a significant surge, exceeding $5,100 an ounce, driven by investor demand amid geopolitical tensions and fiscal uncertainty. The precious metal's rise, including a 64% increase in 2025, highlights its role as a safe haven. In contrast, Bitcoin, while often labeled "digital gold," has not seen the same gains, trading around $87,950, down approximately 2% year-to-date. The divergence reflects Bitcoin's relative immaturity compared to gold's established history. Analysts project gold could reach $6,000 in 2026 and $7,150 if uncertainty persists, with JPMorgan forecasting an average of $5,055 an ounce by Q4 2026.
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