Economic Daily: In the context of the United States' potential to enhance the status of virtual currencies in the future, the indispensable nature of gold may be magnified

The Economic Daily wrote that the price of gold has risen strongly this year and has been setting new historical highs. In October, the price of gold futures on the New York Mercantile Exchange once exceeded $2,800/ounce, breaking the historical record. The global economy is still recovering, and gold's safe-haven properties have been re-emphasized. At the same time, with the intensification of global trade protectionism, especially in the context of the United States may enhance the status of virtual currencies in the future, the indispensable nature of gold may be magnified. (Economic Daily official account)