Debasement Trade
2 stories
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financeGold Surges Past $4,500 on Dollar Weakness from Middle East Ceasefire
Gold futures top $4,500 as the dollar slides after a ceasefire between Israel and Lebanon, while oil prices drop over 3%.
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cryptoJPMorgan Strategist Flags Retreat from Debasement Trade as Bitcoin, Gold ETFs See Outflows
Institutional investors are pulling back from bitcoin and gold as JPMorgan notes a significant retreat from the debasement trade, signaling a shift in macro hedging sentiment.