Gold is going up in price! This is making some special cryptocurrencies, called gold-backed cryptos, also go up.
- Gold-backed cryptos are like digital gold.
- They are linked to real gold kept in safe places.
- Two big banks think gold will go even higher.
- This is because of worries about wars and the economy.
Gold Price Prediction | Bank |
---|---|
$3,000 per ounce (short-term) | Citi |
$3,000 per ounce (12-month) | UBS |
Current Price | About $2,860 |