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Disclaimer: Please note that Bybit Gold & FX has been renamed to Bybit TradFi as of June 2025. Bybit TradFi is powered by Infra Capital (Mauritius FSC licensed).
Key Highlights:
New record highs: Gold recently surged to an all-time high (ATH) of $3,500 per ounce
Safe-haven demand: Gold is up 26% this year and 41% over the past 12 months, outperforming equities as the S&P 500 has fallen.
Tariff-driven uncertainty: US trade policies, particularly under Trump, are driving investors into gold amid global currency pressures.
Technical momentum: Positive MACD signals and an RSI of 60 suggest bullish momentum remains strong.
End-of-year target: If momentum continues, gold could reach $4,000 per ounce by the end of the year.
Diversification potential: Silver, historically correlated with gold, presents additional upside opportunities.