🧧🧧🔥 CZ Official English AMA is here! ⏰ Time: January 31st, 00:00 💡 Highlights: Each person is limited to 1 question, with an efficient 1-hour communication
Friends who want to ask questions to the soul of Binance, set your alarm and tune in to the live broadcast on time! Whether it's industry trends, Binance updates, or any topic you're concerned about, this is a great opportunity for a direct dialogue with CZ!
👇 Let's chat about what you want to ask the most in the comments? #币安广场直播间
The surge in gold prices is the result of a combination of "safe-haven demand + policy + central banks + capital". In the long term, it signals an adjustment in the global monetary system, affecting traditional investments and presenting new opportunities in the Web3 RWA sector. It is important to view this rationally and proceed cautiously.
On-chain gold (RWA sector) welcomes new opportunities: Public chains like Bitroot, which are focused on RWA, see on-chain gold assets as a significant direction. As gold continues to rise, it will compel the acceleration of on-chain gold products, bringing new practical scenarios to Web3.
Geopolitical risk is at an all-time high, with capital flocking to avoid risks. The U.S.-Iran situation and ongoing global tensions make markets panic, leading them to recognize gold as a "hard currency"! Compared to stocks and some crypto assets, gold's millennia-old value retention is evident, and safe-haven capital is pouring in, directly driving up prices.
Expectations of interest rate cuts by the Federal Reserve + a weakening dollar lead to a significant decrease in gold costs. The market generally anticipates that the Federal Reserve will start cutting rates in 2026, which means holding gold will incur less interest (as opportunity costs decrease). Additionally, with U.S. Treasury yields remaining high and the dollar's credit loosening, the dollar index continues to decline, making gold, priced in dollars, naturally rise, and it becomes more cost-effective for non-U.S. buyers.
Global central banks are aggressively stockpiling gold, solidifying price support. Central banks around the world have been increasing their gold holdings for over a dozen months, and the People's Bank of China continues to increase its position! The core goal is to achieve "de-dollarization" and optimize foreign exchange reserves, with gold becoming the "ballast" of various currencies. Large official purchases ensure that gold prices cannot drop. #黄金代币化