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Bloomberg analyst: Gold is performing well, but still slightly behind BTC, the gap is rapidly narrowing
Odaily Planet Daily News Bloomberg ETF analyst Eric Balchunas posted on X platform, stating that gold has finally been rewarded for its generous returns. After pumping 23% in the past 6 months, GLD has pumped $2 billion in the past 6 months, surpassing stocks. In other words, since the launch of the ETF, it still lags behind BTC, but the margin is small, possibly 500 basis points, and the gap is rapidly narrowing. Value storage is taking effect.