Gold Surges Past $4,380 to New All-Time High Amid Market Uncertainty
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Gold's Safe Haven Status Reinforced: Gold prices have surpassed the $4,380 resistance level, nearing $4,500 and setting a new all-time high, primarily driven by the US's growing budget deficits and dollar depreciation, indicating a shift in investor preference towards physical assets during uncertain times.
- Silver's Notable Performance: Silver has exceeded $70 per ounce, outperforming gold in percentage gains, reflecting strong market demand for precious metals and potentially attracting more investors to this asset class.
- Liquidity Tightening Effects: The Secured Overnight Financing Rate (SOFR) has surpassed the Federal Reserve's interest on reserves, indicating a tightening money supply, while the US 10-year Treasury yields are testing the 4.20% resistance level, which could lead to further rate hikes and bolster demand for gold.
- Bitcoin Under Pressure: Bitcoin prices have remained below $100,000 for an extended period, with technical indicators suggesting that falling below $80,000 could accelerate selling pressure, clearly demonstrating a market preference for gold over digital assets.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






