After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment has led people to question why gold […] The post Analysts Question Gold's Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets appeared first on Bitcoin News.
Analysts Question Gold's Safe Haven Status - 2008 Data Shows Central Banks Oversaturated Bullion Markets
Bitcoin.com - 17 Mar 2020 17:20
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment has led people to question why gold […] The post Analysts Question Gold's Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets appeared first on Bitcoin News.
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