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How gold may gain from the crypto crash

The turmoil in the crypto universe may see funds flow out to safer havens such as gold, that also yield similar advantages to its holders

November 22, 2022 / 08:58 AM IST
How gold may gain from the crypto crash

Representative image

If you’ve watched the Hollywood super-hit movie Titanic you may have learnt an important tenet of financial markets. The engineers who built the Titanic nursed a mistaken belief that building sliding steel doors in the hull would make the ship unsinkable. They did not count on the ability of water to find equilibrium and force, to flow in the direction of least resistance. The gigantic ship sank on its maiden voyage. Money too flows out from riskier and smaller profit...

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