The price of gold has risen over 2% in the past week, reaching a new all-time high due to global demand for safe-haven assets and anticipated interest rate cuts from major central banks. Gold has hit $2,700 per ounce and has seen a 2.08% increase in the past week and nearly 5% in the past month. This rise in gold is driven by growing demand for safe-haven assets and expected interest rate cuts. Bitcoin has also experienced a similar rise, with its price climbing above $67,000 and experiencing an 11% surge over the past week. Charles Edwards, co-founder of Capriole Investments, commented on the similarity between the upward trends of gold and Bitcoin. Investors have drawn similarities between the two assets due to their finite supply and lack of ties to national currencies. Swarm Market has announced a partnership with OrdinalsBot to allow for the minting and trading of physical gold on the Bitcoin blockchain. Gold will be the first real-world asset available on the Trio marketplace developed by OrdinalsBot.



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