There is too much gold to be mined; gold is not rare, it is just expensive to mine. If the price rises, it is profitable to mine. Bitcoin is rare; there will only be 21 million.
wazir711
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Bearish
💥 Gold just saw its sharpest single-day crash in years, plunging from over $4370 to near $4080. Analysts are split: some call this a "healthy correction" and a potential buy-the-dip moment after an overbought rally, while others warn it could be the start of a deeper reversal as momentum fades. The drop was driven by a stronger USD and rising yields, but long-term supports like expected Fed cuts and central bank buying remain. Is this a buying opportunity or a sign to step back? Share your take! #FedPaymentsInnovation #GOLD #BinanceHODLerTURTLE #Write2Earn $PAXG
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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