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Gold prices have surged to a record high, surpassing $3,000 per ounce, driven by economic and geopolitical uncertainties. UBS forecasts further gains, raising its price target to $3,200 per ounce, citing strong ETF inflows and central bank purchases as key factors. However, a shift in U.S. trade policies could dampen demand, with technical support seen at $2,850 per ounce.
Ripple's chief legal officer, Stuart Alderoty, has urged Congress to adopt innovation-friendly cryptocurrency regulations that focus on regulating activities rather than technology. He cautioned against enshrining abstract principles from previous policies without thorough study and consensus, amid criticism of the SEC's stringent enforcement approach. The evolving political landscape, particularly with President Trump's support for digital assets, may lead to more favorable regulations that balance investor protection with technological growth.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
gold prices soar to record high as uncertainty drives safe haven demand
07:51 17.03.2025
Ripple's Legal Chief Calls for Innovation-Friendly Crypto Regulation in Congress
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