Gold Smashes Through $4,200 As Bitcoin Stuck At $112,000: What's Driving The Underperformance?

Why are US bank stocks tumbling today? How did EssilorLuxottica beat revenue forecasts? What caused gold prices to hit a new peak? Why did BBVA's takeover bid for Sabadell fail? How will Trump's meeting with Putin affect Ukraine? What impact is AI having on the labor market? Why is Nestlé cutting 16,000 jobs globally?

Gold Smashes Through $4,200 As Bitcoin Stuck At $112,000: What's Driving The Underperformance?

benzinga.com/crypto/cryptocurrency/25/10/48224192/gold-smashes-through-4200-as-bitcoin-stuck-at-112000-whats-driving-the-underperformance

Gold as measured by the SPDR Gold Trust (NYSE:GLD) smashed through $4,200 per ounce on Wednesday after Fed Chair Jerome Powell hinted at fresh rate cuts, while Bitcoin (CRYPTO: BTC) continues to languish around $112,000.
Gold Extends Historic Rally On Policy And Geopolitics
Gold has…

This story appeared on benzinga.com, 2025-10-15 13:43:48.