Gold holds ground at $4,000 and moves higher - KITCO
Source: KITCO
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DW NOTE
Gold at $4,070 is 23.5% below its January high of $5,318. The headline makes a consolidation sound like a breakout — it isn't. The metal is holding losses, not gaining ground.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
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