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Gold’s performance this year has been the palest of echoes of its store-of-value cousin, Bitcoin. The digital asset has removed gold’s shine by climbing more than 40% since Bitcoin exchange-traded funds launched amid much hype in January. Not just that, their inflows appear to have come at the expense of gold ETFs, which have had net outflows.

The Fed Isn’t Gonna Carry That Weight for Gold

The Fed Isn’t Gonna Carry That Weight for Gold

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