Gold Beats Bitcoin ahead of Central Bank Confabs

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Gold looked stronger than its digital rival Bitcoin on Wednesday as investors awaited the outcomes of a string of central bank meetings. The spot gold rate climbed 0.49 percent in early European trading session to trade at $1,492.68 as anticipation of looser monetary policies indicated potential value-depreciation of fiat currencies. Meanwhile, the BTC/USD instrument on…The post Gold Beats Bitcoin ahead of Central Bank Confabs appeared first on NewsBTC.

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