"Trump Panic" Drives Gold Prices Up? Gold Successfully Breaks Through the $3000 Mark, Will It Affect Bitcoin?

On March 14, gold prices have for the first time ever surpassed $3000 per ounce, driven by central banks' frantic purchases, the fragility of the global economy, and U.S. President Trump’s attempts to rewrite global trade rules through tariffs on allies and strategic competitors. The breakthrough of the psychological barrier of $3000 for gold reflects its role as a store of value and a measure of market fear during turbulent times for centuries. Over the past 25 years, gold prices have increased tenfold, even surpassing the fourfold rise of the U.S. stock market benchmark S&P 500 Index during the same period. Thomas Kertsos, co-portfolio manager at First Eagle Investment Management LLC, stated: "Gold is an asset that can retain its value under the most severe macroeconomic chaos we've seen. We have seen that for centuries, despite volatility, gold has always been able to revert to the mean and consistently maintain its purchasing power while providing ample liquidity."#黄金白银比特币 #黄金 $BTC #区块链