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The rising metaverse domain is currently having a crossover with the cryptocurrency sector. Both sectors have been noticing a rapid surge, with both the domains being considered as safe haven options as the US dollar falls, triggering global markets. That being said, silver and Ethereum both share similar fates, as both assets are bound to grow with time as their usage continues to diversify and expand. Here’s why silver and Ethereum should be on your radar, no matter what. Also Read: After Gold, Silver Price Hits A New High Of $50 Why Should You Buy Silver? 1. Rising Industrial Demand Source: Unsplash Silver is a crucial industrial metal used in a variety of industries as a catalytic metal. From manufacturing to the jewelry business, silver is a preferred metal for diverse industries, including solar, electrical, and now AI data centers. This demand has now catapulted silver to stand in league with established assets like gold by carving its own unique identity. “Silver’s big mov...

Deutsche Bank has issued a bullish forecast, predicting that both Bitcoin (BTC) and gold will likely appear on central bank balance sheets by 2030 as reserve assets. In a new report titled “Gold’s reign, Bitcoin’s rise” , the bank argued that Bitcoin’s declining volatility and rising legitimacy are increasingly making it resemble gold, positioning it as a modern hedge against inflation and geopolitical risk. The bank noted that both assets are benefiting from a global trend of central banks diversifying away from the weakening U.S. dollar. This dynamic has pushed Bitcoin to a new record high above $125,000, while gold has rallied nearly 40% year-to-date, approaching the $4,000 mark. According to Deutsche Bank analysts Marion Laboure and Camilla Siazon, Bitcoin’s trajectory mirrors gold’s historical role.  Just as gold transitioned from being viewed with skepticism to becoming a cornerstone of financial security, Bitcoin is following a similar path. Its fixe...

Gold prices hit a new record high of $3,698.94 on Tuesday. The XAU/USD index spiked nearly 17 points in the day’s session with a surge of 0.7%. The commodity is extremely bullish with the backing from retail investors, institutional funds, and central banks. All three sections of investors are heavily investing in the commodity and reaping the benefits of the bull run. Also Read: Will Nvidia (NVDA) Stock Crash? New RTX6000D Chip Finds No Buyers Source: Investing.com Gold Prices Hit New All-Time High Source: Watcher.Guru Gold prices are on the brink of reaching the $3,700 mark and could reach there in today’s trading session. Several analysts and leading global financial banks previously predicted that the precious metal would reach the $3,700 range by the end of 2025. The forecast has turned accurate as the XAU/USD index is only surging. Demand for gold has not decreased in two years, as consumption has surged tenfold, leading to higher prices. The rise on Tuesday also comes...