Gold prices exceeded $ 3,300 per jaguar, establishing a historic record while global markets face increasing volatility.

This increase reflects investors’ anxiety about economic uncertainty and highlights the significant impact of controversial tariff policies under the government of President Trump. Consequently, experts have issued conflicting predictions about how this can influence Bitcoin.

What is boosting gold to continue breaking records?

At the time of the report, the gold exceeded $ 3,000, reaching a peak of $ 3,317. This represents a 25% increase since the beginning of the year.

According to a report From The New York Times, the global trade war is the main force behind the continuous high of gold. Retaliatory tariffs among the main economies are obscuring global economic perspectives.

The US imposed new tariffs, quickly triggering contracted from China, European Union and Canada. In response, the White House further intensified the situation.

Although general uncertainty and economic vibrations in deterioration are increasing interest in gold, most of the gold price action is around tariff uncertainty, Helima Croft, chief global RBC Markets’ global commodity strategy strategy, stated.

In addition, there are growing concerns that tariffs can directly direct themselves to imported gold. This fear led to the accumulation of the minery within the United States.

O Business Standard reported That large banks like JPMorgan Chase and HSBC are moving large quantities of London ore to New York. JPMorgan alone plans to carry $ 4 billion in gold this month.

In addition to the tariff war, the zerohedge macroeconomic analyst pointed another factor – the Senate budget resolution for the Fy2025. This resolution allows the US to increase its budget deficit of up to $ 5.8 trillion over the next ten years. Zerohedge suggested that gold is responding to this news.

Price increase reflects currency devaluation fears due to increased deficits.

Goldman Sachs too increased Its gold price forecast for the end of the year to $ 3,700. The bank cited a stronger demand than expected by central banks and increasing recession risks.

What are analysts saying about Bitcoin while gold reaches a new peak?

While gold shines, Bitcoin, often called “digital gold,” generated mixed opinions.

Anthony Papillano, CEO da Professional Capital Management, these To CNBC on April 15 that Bitcoin fell about 10% since the beginning of the year, while the minority gained 20%. However, both assets rose approximately 35% in the last year.

He also highlighted reasons why Bitcoin can soon value himself as gold. This includes US government strategic plans for Bitcoin reserves and the growing view of Bitcoin’s younger generation as part of a long -term investment strategy.

The story tells us that Bitcoin’s returns will shoot beyond gold in the coming months, Papillano PREVENTED.

Supporting this view, several analysts have noted that Bitcoin often follows the upward impulse of gold with a delay of about 100 days, especially during the increase in global liquidity. In addition, companies bought more than 95,400 BTC in the first quarter of 2025, showing strong institutional demand.

However, not everyone agrees. Economist Peter Schiff, a longtime critic of Bitcoin, offered a contrasting view. He stated That the best deal now is to sell all bitcoin and other cryptocurrencies and invest entirely in gold and silver mining actions.