Gold Reaches New High, Sparking Interest in Gold-Bitcoin Portfolio Strategies

Gold has reached a new peak near $4,830, with momentum indicating a potential rise to $5,000. According to NS3.AI, this surge has sparked renewed interest in portfolio strategies that combine gold and Bitcoin. Analysts, including PlanB, highlight that blending these assets can reduce risk and potentially double returns compared to investing in gold alone, due to their similar risk-return profiles. Despite the rally in gold, Bitcoin's price movements differ, suggesting that gold and Bitcoin serve as complementary assets rather than direct competitors in hedging against macroeconomic uncertainties.