🚨 JUST IN: Over $314M were liquidated in the past 60 minute | Ragnar_bnb on Binance Square

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🚨 JUST IN: Over $314M were liquidated in the past 60 minutes, with $309.65M from long positions.#MarketMeltdown 

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Gold surged to an unprecedented high today, reaching $3,790 per ounce. This marks a significant milestone in the precious metals market, driven by a combination of economic uncertainty, inflation concerns, and global geopolitical tensions. Investors are increasingly turning to gold as a safe-haven asset, seeking stability in turbulent financial times. The metal’s historic role as a store of value has once again proven crucial as markets react to fluctuating currencies and volatile stock performances. Analysts note that this record price could have ripple effects across both consumer and institutional sectors. Jewelry and industrial demand may be impacted as costs rise, while central banks and investment funds could increase their gold holdings to hedge against currency risks. The rise also reflects broader trends in the global economy, highlighting investor preference for tangible assets amidst unpredictable markets. If the momentum continues, gold could redefine benchmarks for wealth preservation and investment strategies in the near future. #GoldHitsRecordHigh

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