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At over $3,600 an ounce, everyone’s buying gold – TON BOT

At over $3,600 an ounce, everyone’s buying gold

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Gold prices are surging due to a combination of factors such as a cooling labor market in the U.S., expectations of rate cuts, geopolitical jitters, and central banks diversifying away from the dollar. El Salvador recently bought $50 million worth of gold, sparking debate among the Bitcoin community about the value of gold versus Bitcoin as an investment. Despite the increase in gold purchases by countries like BRIC nations and Poland, Bitcoin’s historic upside return makes it a more attractive investment option. The choice between gold and Bitcoin is becoming more controversial and important as both assets hit new highs.

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