Why gold prices are increasing?

The surge in gold prices can be attributed to a combination of key factors:

a weakened U.S. dollar, increased central bank gold reserves, growing fears of a U.S. recession, significant ETF inflows, and rising geopolitical tensions.

What about #crypto if US got recession?

Bank will increase interest rates. 👍

Bad for crypto. 🫡

But in another case if US skips the recession then alternative.

People will invest in Crypto definitely. 🚀

#Bitcoin will up and Gold price will drop. 🤝

First we will book profit in crypto then buy gold when we get big dump in gold price. ✅

Dyor nfa 🤓