Spot gold surges 10% in 20 days, breaking through $4,800 per ounce for the first time

【Blockchain Rhythm】Spot gold has recently performed remarkably well. Since the beginning of January, in just 20 days, the gold price has increased by 10%, marking the first time it has surpassed the critical level of $4,800 per ounce. Looking at the entire year, gold has risen by over $480 from the start of the year to now, which is a considerable increase. This wave of gold price appreciation reflects the market’s re-pricing of economic and geopolitical risks and is also a signal of the rising attractiveness of traditional safe-haven assets. For cryptocurrency investors, this strong performance of commodities often indicates a shift in market risk sentiment and is worth paying attention to.