Wow! Gold prices just hit a new high! It went above $3,000 per ounce for the first time ever. That's a lot of money! This happened because of some big events happening around the world.
People are worried about things like wars and the economy. They think gold is a safe place to put their money. This makes the price go up. This is also related to how much money people are putting into Gold ETF's and taking out of Bitcoin ETF's.
But one expert thinks this might change soon.
- Gold's price went up because people are worried.
- Lots of people are buying gold right now.
- One expert thinks people will start buying Bitcoin again soon.
Thing | Number |
---|---|
Gold's highest price | Over $3,000 per ounce |
Gold price increase this year | Over 15% |
Money put into gold ETFs in the last month | $10 Billion |
Money taken out of Bitcoin ETFs in the last month | $5 Billion |