Monday , 18 March 2024

Gold

Bitcoin Significantly Outperforming Gold Assets

Whether the excitement surrounding Bitcoin is siphoning flows away from gold is unclear, but there does appear to be some disconnect between gold’s price action and investment levels. Historically, the gold price and holdings in gold-backed ETFs have traded in tandem, but starting in 2023, the two began to decouple,

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Grok AI’s Gold Price Prediction For 2024

Grok, an advanced artificial intelligence (AI) model created by xAI, an Elon Musk’s company, is a logical and unbiased algorithm provides valuable insights and below is what it predicts for the rice of gold in 2024.

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These AI Gold Forecasts For 2024 Are Mixed

“Despite reaching record highs fueled by recession fears and safe-haven demand, gold’s 2024 outlook remains delicately balanced. Inflationary pressures might keep central banks hawkish, limiting significant gains, but deepening recession could trigger policy easing, boosting gold’s allure.”— Google Bard

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