Spot Gold exceeded $3,000 for the first time and then returned to $2,990. Gold futures for April delivery also broke Thursday’s $3,000.
Precious metals are now growing 15% this year, by Strong ETF inflowGeopolitical uncertainty and ongoing focus on U.S. stocks amid ongoing tariff discussions by former President Donald Trump.
Meanwhile, gold in British pounds has not reached an all-time high of £2,363, currently below the £300 level.
Charlie MorrisBoth the founder of Bytree and the manager of Bold ETF (both Bitcoin and Gold) have observed the difference between gold and Bitcoin ETFs and expect this trend to reverse soon.
“In the past 30 days, gold ETFs have inflows of $10 billion, while Bitcoin ETFs have experienced $5 billion outflows,” Morris noted. “Sooner or later, the flow will reverse again – as usual.”
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