Gold Losing Safe Haven Status Due to Cryptocurrencies, Monetary Policy

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·@coderaviverma·
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Gold Losing Safe Haven Status Due to Cryptocurrencies, Monetary Policy
https://s26.postimg.org/eq4du4bax/725_Ly9jb2lud_GVs_ZWdy_YXBo_Lm_Nvb_S9zd_G9y_YWdl_L3_Vwb_G9h.jpg

Gold prices jumped 1% on Tuesday morning, according to Bloomberg, the jump in gold prices is a ‘too little too late’ response to the general state of geopolitics and market uncertainties. The precious metal appears to be losing its ‘safe haven’ status. Traditional models should have gold prices well above what they are now, and there are two things to blame for gold’s relatively poor performance.

https://s26.postimg.org/ib09dcfuh/a320b8c5bf328090d745c5fa45a242cb.png


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