Gold rallies one hour after the BTC collapse, suggesting a revenue of income on metals
Gold, often seen as an analog for money sound, rose 1% on Monday to set another record high and bring 2025 gain to 43%.
The metal, which now traded at $ 3,721, moved up about an hour after Bitcoin . The timing suggests the possibility of income from Bitcoin Destruction Rotate with gold.
Two possessions rarely move on to tandem, even if there are Occasionally periods When both rise or fall at the same time, at the same time, there is often a short lag. At this time, the difference is stronger.
Gold is not just a metal that appeals to the flow. Silver gained 1.5% on Monday to approach $ 44, the third highest level since 1975, and is now over 50% years.
Noticeably, because the The federal reserve to cut interest Rates of 25 BPS on September 17, both gold and the S&P 500 reached 1%. At the same time, US treasury yields increased, with the US 10-year at 4.125% (up to 2.5%) and the US 30-year at 4.7% (up to 2%).
The dollar was strengthened, with the DXY index adding 1% to 97.5. A stronger dollar usually puts pressure on risk assets, and Bitcoin has dropped more than 3.5% since the Fed moved.
