{"id":424354,"date":"2020-05-18T21:41:09","date_gmt":"2020-05-18T21:41:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=424354"},"modified":"2020-05-18T21:41:09","modified_gmt":"2020-05-18T21:41:09","slug":"gold-xauusd-all-time-high","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/gold-xauusd-all-time-high\/","title":{"rendered":"Top 3 Reasons Gold (XAUUSD) Is Ready to Set a New All-Time High"},"content":{"rendered":"

While Bitcoin<\/a> investors, traders, and enthusiasts are watching and waiting for the cryptocurrency to set a new all-time high, gold, the physical asset that it shares the most similarities with may beat it to the punch.<\/p>\n

Here are the top three reasons why gold (XAUUSD) is poised to set a new all-time high, and how many of the same reasons that make the precious metal exceptionally bullish could eventually bode well for Bitcoin as well.<\/p>\n

New All-Time Highs Incoming: Three Reasons to Be Bullish On Gold<\/h2>\n

This week, gold reached a new 7-year high on the XAUUSD trading pair before a pullback above $1,750 set the precious metal back slightly.<\/p>\n

Price predictions range from $2,000 a troy ounce to over $3,000 an ounce within a year. The one thing that all of these predictions have in common: gold is expected to grow in value significantly over the course of the next several years.<\/p>\n

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ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.<\/p>\n

— Robert Kiyosaki (@theRealKiyosaki) May 16, 2020<\/a><\/p><\/blockquote>\n