黃金將其寶座作為價值存儲，每盎司飆升3,000美元

當前的市場氛圍強調了黃金作為“價值存儲”的彈性，這是貴金屬在最近的經濟動盪中恢復的標題。

April gold futures have surged past the $3,000-per-ounce mark for the first time ever, highlighting enduring demand for the metal as a “store of value” amid a turbulent market climate that has tested the credentials of other assets.

四月的黃金期貨已經超過了有史以來第一次每盎司的3,000美元，這突出了對金屬作為“價值存儲”的持久需求，這是一種動蕩的市場氛圍，該氛圍已經測試了其他資產的資歷。

At the time of writing, (BTC) is down 12% year-to-date and trades around $80,000. In comparison, the world's most valuable metal has seen a 15% increase YTD.

在撰寫本文時，（BTC）年僅下降了12％，交易約為80,000美元。相比之下，世界上最有價值的金屬的YTD增加了15％。

As geopolitical tensions escalate, with ensuing conflicts and economic sanctions, investors appear to be flocking to the stability of gold.

隨著地緣政治緊張局勢的升級，隨之而來的衝突和經濟制裁，投資者似乎湧向黃金的穩定性。

The world’s most valuable metal has seen a 15% increase YTD, in stark contrast to the 12% decline in BTC since the beginning of the year.

世界上最有價值的金屬的YTD增長了15％，與年初以來BTC下降的12％形成鮮明對比。

A rising tide of geopolitical instability, fueled by the Russia-Ukraine war and the ensuing economic sanctions, appears to be pushing investors toward traditional safe-haven assets.

在俄羅斯 - 烏克蘭戰爭和隨之而來的經濟制裁的推動下，地緣政治不穩定的潮流似乎正在促使投資者進入傳統的避風港資產。

In the world of cryptocurrencies, interest appears to be waning, particularly in U.S. spot bitcoin ETFs, which have recorded only three days of inflows since mid-February.

在加密貨幣的世界中，興趣似乎正在減弱，尤其是在美國現場比特幣ETF中，自2月中旬以來，它們僅記錄了三天的流入。

According to Bloomberg’s Eric Balchunas, these ETFs have seen a decline in net inflows, dropping from $40 billion to about $35 billion. This downturn follows a correction in the S&P 500, which has fallen over 10% and is struggling to reclaim its prior peaks as worries about inflation and consumer confidence persist due to recent economic policies.

根據彭博社的埃里克·巴爾庫納斯（Eric Balchunas）的說法，這些ETF的淨流入下降了，從400億美元下降到約350億美元。在標準普爾500標準普爾500標準普爾（S＆P 500）的校正之後，由於最近的經濟政策，人們對通貨膨脹和消費者信心的擔憂持續存在，這已經下降了10％，並努力地恢復了其先前的高峰。

However, Andre Dragosch from Bitwise attributes the recent spike in gold prices to heightened inflation expectations and a flight to safety among investors.

但是，來自Bitwise的Andre Dragosch將黃金價格最近的高漲到通貨膨脹期望的提高和投資者的安全性。

The University of Michigan consumer survey reveals rising concerns about inflation, driven in part by the tariff policies enacted during the previous administration. This is evident in the relationship between inflation expectations and surging gold prices as investors seek to shield their wealth.

密歇根大學消費者調查顯示，對通貨膨脹的擔憂不斷增加，部分是由上屆政府期間制定的關稅政策所驅動的。隨著投資者試圖保護其財富，通貨膨脹期望和黃金價格上漲之間的關係顯而易見。

In conjunction with these developments, various macroeconomic indicators will be closely monitored. For instance, the Brazilian Institute of Geography and Statistics will unveil January’s producer price inflation data, while the University of Michigan’s preliminary consumer sentiment index is also anticipated to provide further insights on consumer outlook as markets navigate through this economic landscape.

結合這些發展，將密切監控各種宏觀經濟指標。例如，巴西地理與統計研究所將推出一月份的生產商價格通貨膨脹數據，而密歇根大學的初步消費者情感指數也預計還會為消費者的前景提供進一步的見解，因為市場在這種經濟環境中導航。

In other developments, the governance discussions within decentralized autonomous organizations (DAOs) are heating up.

在其他發展中，分散自治組織（DAOS）內的治理討論正在加熱。

ApeCoin DAO is set to decide on establishing a base in Lhasa, Aave DAO is planning to launch a new licensed instance to provide institutional investors with access to stablecoin liquidity, and Balancer DAO plans to deploy new technology on the OP Mainnet.

Apecoin Dao將決定在LHASA建立基地，Aave Dao計劃啟動新的許可實例，以使機構投資者獲得穩定的流動性，而Balancer DAO計劃在OP Mainnet上部署新技術。