Spot gold hits a new high, Matrixdock advises investors to dynamically balance risks
Odaily News On April 22, spot gold broke through multiple barriers in succession, with London spot gold rising above the $3,500/ounce mark, with the largest intraday increase exceeding 2%. Affected by the increasing risk of a US economic recession and the instability of the financial market, the gold investment market is enthusiastic.
Matrixdock said that gold has become the best performing fund this year, far exceeding technology stocks. Although the weakness of the US dollar and the shift in the Fed's policy provide medium- and long-term price support for gold prices at the macro level, Matrixdock advises investors to pay attention to short-term volatility risks, dynamically balance asset allocation, and invest rationally. Matrixdock is Asia's leading RWA tokenization platform, which officially launched the gold token, XAUm, in 2024. XAUm is 1:1 anchored to physical gold, backed by 100% LBMA-certified physical gold, and is currently the top 3 gold token on the chain.
