Recently witnessed another round of market changes.
Geopolitical uncertainties have increased the demand for safe-haven assets, with gold breaking through the $4600 mark to reach a new high, with a year-to-date increase of 6%. During the same period, silver performed even better, just breaking through $84.02, with nearly 17% return in just half a month.
The performance of the two major traditional safe-haven assets precisely reflects the current market re-pricing of risk assets.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
4
Repost
Share
Comment
0/400
BearMarketBard
· 01-12 06:51
Gold and silver are so strong, you should have entered earlier. Now you're only regretting?
View OriginalReply0
ImpermanentSage
· 01-12 06:49
Silver up 17%? Now that's called bottom fishing, brother. Gold is moving slowly.
View OriginalReply0
LayerZeroHero
· 01-12 06:45
With this performance of silver, a 17% increase in half a month, how crazy does it have to be... It seems that risk assets are indeed about to undergo reshuffling.
View OriginalReply0
ForkMaster
· 01-12 06:33
The recent surge in gold and silver, frankly, is just the risk assets collapsing, with traditional safe-haven assets picking up the slack... I remain optimistic about the future, but don't expect to get rich overnight. This kind of market is best suited for dollar-cost averaging and strategic allocation, otherwise you'll be chasing highs and getting cut. The education funds for my three kids are supported by these low-volatility assets.
Recently witnessed another round of market changes.
Geopolitical uncertainties have increased the demand for safe-haven assets, with gold breaking through the $4600 mark to reach a new high, with a year-to-date increase of 6%. During the same period, silver performed even better, just breaking through $84.02, with nearly 17% return in just half a month.
The performance of the two major traditional safe-haven assets precisely reflects the current market re-pricing of risk assets.