Gold Price We Dey Rise Dem Compare With Bitcoin as Safe-Haven Assets Amid Global Wahala
Recent analyses from DoubleLine Capital guy Jeffrey Gundlach and Goldman Sachs guy Daan Struyven dey show say gold price don jump well well, current price dey around $3,275 to $3,310 per ounce and dem dey project say gold fit reach $4,000 by middle of 2026. Both Gundlach and Struyven talk say this na because global debt dey rise, economy dey uncertain, plus aggressive monetary policies. Struyven still talk say gold and Bitcoin get some similarities like limited supply and both fit protect against inflation, but gold no dey too volatile and e get less correlation with risky assets like tech stocks. Even though Bitcoin don perform pass gold recently, e higher volatility make gold prefer as hedge when market get risk. These bullish gold forecasts dey affect investor feelings, make dem dey diversify more between traditional and alternative assets, including cryptocurrencies. For crypto traders, the rising attraction of gold as safe haven fit affect capital flow, fit make comparative interest in digital assets like Bitcoin rise as part of risk management strategy wey get variety.
Neutral
Even as beta gold forecasts and rising investor interest for safe-haven assets like gold fit make people dey compare am with Bitcoin, the outlook dey emphasize gold relative stability pass Bitcoin fine fine movements. E fit make people move small small money to other assets, but e no mean say e get direct bullish or bearish impact for Bitcoin. Instead, e dey show say na two different story dey for where people go put their money - between traditional safe havens and digital assets. E go likely make things neutral or mixed for crypto market, as investors dey weigh risk-reward balance and dey spread their portfolio.