Bitcoin underperforms, gold holds ground after Trump says Venezuela will turn over up to $3B in oil
Source Cryptopolitan
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Bitcoin slipped below $93K even with sky-high futures volume and $1.85T market cap still holding.
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Gold steadied after a 3-day rally, trading near $4,470, with traders watching U.S. data instead of global chaos.
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Trump said Venezuela will send up to $3B worth of oil to the U.S., while the White House didn’t deny using force to grab Greenland.
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China tightened military-use exports to Japan, silver dropped 2.2%, and US stock futures barely budged after record highs.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.
Gold Price Forecast: XAU/USD declines to near $4,450 as safe-haven demand eases Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.
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Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
