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Gold and Bitcoin Hit Record Highs as Investors Fear Global Uncertainty | Vantage on Firstpost | N18G
Gold and Bitcoin have both surged to record highs—but not for the usual reasons. This time, the rally is driven by fear, not optimism. Across the globe, political turmoil and economic instability are pushing investors towards safe haven assets. From the U.S. government shutdown and collapsing French markets to Japan’s volatile currency and rising global debt, uncertainty is fuelling the flight from traditional currencies. The U.S. dollar has lost 10% in value this year, while central banks—especially China’s—are stockpiling gold. In August alone, central banks purchased 15 metric tons of gold. Investors are increasingly diversifying away from fiat currencies, embracing what analysts call the “debasement trade.” As public debt hits a record $102 trillion globally, alternative assets like gold are emerging as more stable stores of value.
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Bitcoin | Gold Prices | Safe-Haven Demand | Market Rally | US Govt Shutdown | Federal Reserve | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#bitcoin #goldprice #gold #safehaven #usshutdown #federalreserve #donaldtrump #tariffs #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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