Odaily Planet Daily News On April 22, spot gold broke through multiple barriers in a row, and spot gold in London rose above the $3,500 per ounce mark, with a maximum increase of more than 2% in the day. Affected by the heightened risk of recession in the United States and the instability of financial markets, the gold investment market is enthusiastic.
Matrixdock indicates that gold has become the best-performing asset this year, far surpassing tech stocks. Although the weak dollar and the Fed’s policy shift provide medium to long-term price support for gold, Matrixdock advises investors to pay attention to short-term volatility risks, dynamically balance asset allocation, and invest rationally. Matrixdock is a leading RWA tokenization platform in Asia, officially launching the gold token, XAUm, in 2024. XAUm is 1:1 pegged to physical gold, supported by 100% LBMA certified physical gold, and currently ranks as the Top 3 gold token by on-chain adoption rate.
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Spot gold hits a new high, Matrixdock suggests investors to dynamically balance risks.
Odaily Planet Daily News On April 22, spot gold broke through multiple barriers in a row, and spot gold in London rose above the $3,500 per ounce mark, with a maximum increase of more than 2% in the day. Affected by the heightened risk of recession in the United States and the instability of financial markets, the gold investment market is enthusiastic. Matrixdock indicates that gold has become the best-performing asset this year, far surpassing tech stocks. Although the weak dollar and the Fed’s policy shift provide medium to long-term price support for gold, Matrixdock advises investors to pay attention to short-term volatility risks, dynamically balance asset allocation, and invest rationally. Matrixdock is a leading RWA tokenization platform in Asia, officially launching the gold token, XAUm, in 2024. XAUm is 1:1 pegged to physical gold, supported by 100% LBMA certified physical gold, and currently ranks as the Top 3 gold token by on-chain adoption rate.