2 gold-backed cryptocurrencies to invest in as demand skyrockets

2 gold-backed cryptocurrencies to invest in as demand skyrockets
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Gold has made consecutive new all-time highs year-to-date, drawing investors’ attention and fueling what was already a significantly increased demand. Finbold selected two tokenized gold cryptocurrencies to invest in and gain exposure to the leading commodity
As of writing, the TradingView index for gold marks an all-time high of $2,431 per ounce. Furthermore, gold contracts closed the week – on April 12, Friday – at a valuation of $2,343 per ounce. Looking ahead, Bloomberg Intelligence‘s commodity expert forecasts gold could reach $3,000 per ounce.
Gold price index. Source: TradingView
However, investing in gold can sometimes be expensive and limiting, according to different geographic locations, or investment budgets.
Gold investment alternatives
For example, young Chinese investors have started buying physical gold beans to gain more accessible exposure to the precious metal. This is because these gold tokens have a lower minimum entry value. Additionally, they

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We współpracy z: https://finbold.com/2-gold-backed-cryptocurrencies-to-invest-in-as-demand-skyrockets/

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