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Gold Reaches All-Time High as Bitcoin Breaks Above $11k
The precious metal has gained roughly 28% this year. Bitcoin is up 13% in 24 hours.
By Zack Voell
Updated Sep 14, 2021, 9:36 a.m. Published Jul 27, 2020, 10:42 p.m.
The price of gold reached a new all-time intraday high of $1,942 Monday, extending a rally that started in 2019.
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- A record high for the yellow metal comes during an approximately 28% rally since January.
- Gold’s previous record high of $1,924 was reached on Sept. 6, 2011.
- Bitcoin, often viewed as digital gold, soared to $11,400 as the stalwart cryptocurrency keeps pace with gold.
- Bitcoin gained more than 13% over the past 24 hours, according to OnChainFX.
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