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Gold on the Mend as Bitcoin Stumbles


May 3, 2021
Gold is making a comeback. Despite speculation that Bitcoin and other cryptocurrencies were rendering the metal less valuable by the day, the long-term prognosis for gold is looking brighter, finds a new report from Barron’s.
Recent crypto turbulence, including last week’s flash Bitcoin crash and the failure of “Doge day” to push the meme-inspired Dogecoin over $1, have J.P. Morgan’s derivatives strategists forecasting a shift in Bitcoin futures. After the cryptocurrency failed to break out above $60,000, traders began to reduce their positions.
Meanwhile, gold has been re-gaining strength. The yellow metal has seen a slow but steady recovery, closing in at an $1800/oz price. Though still down from its $1951/oz high, a client note published last Wednesday by Bespoke Investment Group said that gold had broken above its 50-day moving average, a sign of short-term trending strength. ....

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Witness a futuristic education trend with PGDM- dual specialization offered by Krupanidhi School Of Management


Witness a futuristic education trend with PGDM- dual specialization offered by Krupanidhi School Of Management
ANI |
Updated: Apr 21, 2021 13:34 IST
Bengaluru (Karnataka) [India], April 21 (ANI/SRV Media): MBA degree has always carried the hope for a better future due to which it is one of the most sought after post graduation course for many students in India. The management space is highly competitive and having the skill to understand the business perspective that comes with it is important.
Since, merely a degree can no longer get you that dream job, choosing a college that emphasizes on practical exposure to foster experiential learning becomes essential. For students who are looking at becoming the leaders of tomorrow, Krupanidhi School of Management is just the right place to be. ....

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