Tag: Gold Demand Soars
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Bitcoin-Gold Ratio Hits 12-Week Low as Gold Demand Soars
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The Bitcoin-Gold ratio has dropped to its lowest point in 12 weeks, reflecting growing investor confidence in gold as a safe-haven asset. The ratio, which measures Bitcoin’s price relative to gold per ounce, has declined to 34, down 15.4% from its mid-December peak of over 40. This shift comes as physical gold deliveries to the…