Gold Price Surge: Market Adds Entire Bitcoin Market Cap in One Day Amid Extreme Greed Sentiment

The gold market exhibited a historic surge, adding a value equivalent to the entire market capitalization of Bitcoin in a single trading session. This remarkable rally has pushed the Fear & Greed Index for gold into "extreme greed" territory, signaling overwhelming bullish sentiment among investors. Analysts highlight that this move underscores gold's role as a safe-haven asset during periods of macroeconomic uncertainty and currency volatility. The scale of the gain, directly compared to the total market cap of BTC (Bitcoin), draws a stark parallel between traditional and digital asset classes. This event is likely to influence investment strategies, with increased attention on gold ETFs and physical bullion as key instruments for capital preservation and growth.