Gold Near Record High — Strong Uptrend Persists 🚀🪙
Gold price upward momentum continues for the 7th consecutive day, trading near all‑time highs — momentum is strong 📈🔥
📌 Drivers: USD weakness and Fed rate‑cut expectations (twice in 2026) 🌍⚠️
📌 Geopolitical risks: Trump warns to impose 100% tariffs on Canada if it signs a trade deal with China. Moreover, prolonged conflict in Ukraine keeps geopolitical tension high. Russia insists on full control over Donbas; Ukraine rejected — talks in Abu Dhabi end without agreement — safe‑haven demand rises 🛡🇺🇦
📌 Central banks buying: PBoC extended gold purchases (14 months), plus Poland, India, Brazil increasing gold reserves 🏦💛
📌 Gold ETF demand surged 25% in 2025 — total holdings rose to 4,025.4 tons; AUM in gold ETFs: $558.9B 💼📊
📌 Why it matters: gold acts as a safe‑haven and hedge tool against currency/bond weakness — attractive for portfolio diversification 🛡💰
📌 Short‑term note: Gold prices are near key resistance level and oscillators showing overbought conditions — manage risk and watch Fed meetings updates ⚖️🔍
📌 Ready to add gold exposure? Explore spot gold, tokenized gold products and gold futures on Binance — trade, diversify, and protect your portfolio. Trade responsibly. Follow for more market update @TZ_Crypto_Insights
#FedWatch #StrategyBTCPurchase #BTCVSGOLD #GOLD_UPDATE #PAXGUSDT
