🔥 Key Takeaways
- Spot gold surged above $5,100 amid geopolitical tensions and fiscal risks, driven by increased haven demand.
- Western ETF holdings rose by approximately 500 tonnes in 2025, with Goldman Sachs raising its 2026 gold target to $5,400.
- Ethereum (ETH) slid below $2,900 following $630 million in outflows and a significant transfer of 50,000 ETH to Gemini.
Gold Hits Record Highs Amid Geopolitical Uncertainty
Spot gold has broken through the $5,100 mark, setting a new record as investors flock to safe-haven assets amidst escalating geopolitical tensions and fiscal risks. The looming threat of tariffs under a potential Trump administration has further fueled demand for gold, with Western ETF holdings increasing by around 500 tonnes in 2025. Goldman Sachs has revised its 2026 gold price target upward to $5,400, reflecting heightened market uncertainty and the precious metal’s appeal as a hedge against volatility.
Ethereum Faces Downward Pressure Amid Outflows and Transfers
Ethereum (ETH) experienced a significant downturn, trading near $2,877 after $630 million in outflows from the market. This decline was exacerbated by a large transfer of 50,000 ETH to Gemini, raising concerns about potential sell-offs. The combination of macroeconomic pressures and internal market dynamics has weighed heavily on ETH, highlighting the challenges faced by cryptocurrencies in turbulent times.
As investors navigate these uncertain waters, the contrasting performance of gold and Ethereum underscores the divergent paths of traditional safe-haven assets and digital currencies. While gold continues to shine as a reliable store of value, Ethereum and other cryptocurrencies face mounting pressures from both external and internal factors.
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