đ§ Everyoneâs Watching $BTC , and howâs our old friend Gold doing? Pretty well! Gold just climbed above $4,620, its highest level in 3 months - now up more than 5% on weekly. The move is probably backed by a weaker dollar, concerns around US debt and renewed demand for hard assets. And itâs not just gold: đ silver climbed above $69, +6.9% this week đ platinum and palladium moved higher too đ copper â around $6.56/lb, up ~1.4% today And remember what was happening just before this rally: central banks bought 289 tonnes of gold in Q2, +62% YoY. Poland added 51t, China 33t, while South Korea recently disclosed a $250M gold ETF position đ Good to know traditional hard assets are having a very good August too! đŽ Holding some? đ #Macro Insights# #BTC Price Analysis# #Gold
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