Binance has given key insights on why the odds are with the flagship crypto, Bitcoin in edging gold.
Gold futures lost about 1.3% to close at $1,1781.90/ounce, dropping as low as$1,770.65, a price not seen since June 22.
Gold bulls are presently nursing their wounds amid the sharp drop seen lately in gold prices
For the week, it lost 3.4%, its highest for a week since late September.
At about 10.05 am Nigerian time on Tuesday, November 10, Gold futures were up 1.69% at $1885.60.
Gold futures traded at $1,890/ounce, losing over 3% in value after trading as high as $1966/ounce on Monday morning.
At the U.S trading session on Thursday the precious metal at the futures market traded above $1947/ounce.
America's JPMorgan Chase has given valuable insights on why it believes the odds are with Bitcoin.
Gold remained under pressure at the pre-opening of London’s trading session on Monday.
LNG was among the top performers in Q3, despite the challenge of the COVID-19 pandemic.
