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Gold, Oil, and Bitcoin Surge as Commodities Outperform Broader Markets

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Commodities outpaced major asset classes in August, led by gold jumping 9.9% and crude oil rising 3.5% amid Persian Gulf tensions.
  • Bitcoin outperformed all markets, surging 25% on enhanced liquidity, while the S&P 500 gained 2.7% as broader market strength persisted.
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XAUUSD price history

4337.40 -5.47% over the displayed period

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