Bitcoin's Price Surge Leaves Gold in the Dust

Gold is among the worst-performing major asset classes of 2021 despite accelerating inflation, as the precious metal’s lustre has faded next to bitcoin, the Financial Times reported.

The precious metal, often hailed as an inflation hedge, has dropped 5% this year, even with investors looking for protection as consumer prices soar across the globe.

Read the full report: Financial Times

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.