黄金支持的 PAXG 在地缘政治中飙升，比特币失去了避风港的光芒

随着中东地缘政治紧张局势推动避险需求，以黄金为支撑的数字资产 PAX Gold (PAXG) 飙升。周六，PAXG 触及 2,923 美元的高点，较黄金市场价格溢价超过 20%。相比之下，随着投资者寻求黄金避难，比特币和其他加密货币下跌，PAXG 成为市场对地缘政治风险情绪的领先指标。

Gold-Backed Digital Asset PAXG Surges Amidst Geopolitical Tensions, Bitcoin Loses Haven Status

黄金支持的数字资产PAXG在地缘政治紧张局势中飙升，比特币失去避风港地位

New York, NY - Prices for PAX Gold (PAXG), a digital asset backed by physical gold and issued by Paxos, experienced a significant surge over the weekend as heightened geopolitical tensions in the Middle East fueled demand for safe-haven assets.

纽约州纽约 - 由于中东地缘政治紧张局势加剧，刺激了对避险资产的需求，PAX Gold（PAXG）的价格在周末大幅上涨，PAX Gold（PAXG）是一种由实物黄金支持、由 Paxos 发行的数字资产。

On Saturday, PAXG reached an intraday high of $2,923, representing a premium of over 20% to the prevailing spot price of gold at Friday's close, which stood at $2,342.90 per ounce. As of the time of writing, PAXG still commands a substantial premium, trading at $2,471.

周六，PAXG 触及 2,923 美元的盘中高点，较周五收盘时的现货黄金价格（每盎司 2,342.90 美元）溢价超过 20%。截至撰写本文时，PAXG 仍具有可观的溢价，交易价格为 2,471 美元。

The surge in PAXG prices coincides with escalating tensions between Iran and Israel following retaliatory strikes by Iran over an alleged Israeli attack on its consulate in Syria. Iran has threatened a more forceful response to any further aggression, raising concerns about potential conflicts in the region.

PAXG 价格飙升之际，伊朗和以色列之间的紧张局势不断升级，伊朗因据称以色列袭击其驻叙利亚领事馆而对其进行报复性打击。伊朗威胁将对任何进一步的侵略行为做出更强有力的反应，引发了人们对该地区潜在冲突的担忧。

Meanwhile, Bitcoin (BTC) and other major cryptocurrencies have traded under pressure in the wake of these geopolitical developments. On Sunday, Iran launched explosives at Israel, prompting a warning from Israeli officials that they would respond to Iran's retaliatory actions.

与此同时，随着这些地缘政治的发展，比特币（BTC）和其他主要加密货币的交易面临压力。周日，伊朗向以色列发射了爆炸物，以色列官员警告称，他们将对伊朗的报复行动做出回应。

With a market capitalization exceeding $446 million, PAXG ranks as the second-largest tokenized gold coin globally, trailing Tether Gold (XAUT), which boasts a market capitalization of $581.9 million. However, PAXG's weekend rally did not extend to XAUT or other gold-backed tokens.

PAXG 的市值超过 4.46 亿美元，是全球第二大代币化金币，仅次于市值 5.819 亿美元的 Tether Gold (XAUT)。然而，PAXG 的周末反弹并未延伸到 XAUT 或其他黄金支持的代币。

Market participants have closely monitored the price movements of PAXG and BTC over the weekend, with some speculating that the inverse correlation between the two assets could be a harbinger of future market trends. Andy Constan, founder of macroeconomic research firm Damped Spring, noted that the crypto market's 24/7 availability makes it a potential indicator for broader market reactions.

市场参与者周末密切关注 PAXG 和 BTC 的价格走势，一些人猜测这两种资产之间的负相关性可能是未来市场趋势的预兆。宏观经济研究公司 Damped Spring 的创始人安迪·康斯坦 (Andy Constan) 指出，加密货币市场的 24/7 可用性使其成为更广泛市场反应的潜在指标。

However, Bob Elliot, former executive at Bridgewater and CIO of Unlimited Funds, contends that BTC's negative correlation with PAXG during the weekend episode undermines its credibility as a geopolitical hedge. Elliot maintains that BTC lacks the characteristics of a reliable safe-haven asset, becoming an increasingly poor hedge over time.

然而，Bridgewater 前高管兼 Unlimited Funds 首席信息官 Bob Elliot 认为，周末期间 BTC 与 PAXG 的负相关性削弱了其作为地缘政治对冲工具的可信度。艾略特认为，比特币缺乏可靠的避险资产的特征，随着时间的推移，它的对冲作用越来越差。

Analysts at Goldman Sachs recently revised their year-end price forecast for gold to $2,700, up from their previous estimate of $2,300. The analysts believe that the momentum and retail investor participation in the gold market remain relatively subdued.

高盛分析师最近将年底黄金价格预测从之前的 2,300 美元上调至 2,700 美元。分析师认为，黄金市场的势头和散户投资者的参与仍然相对疲软。

The contrasting performance of PAXG and BTC highlights the differing perceptions of these assets in the current market environment. Gold has historically been regarded as a safe-haven asset during times of uncertainty, while Bitcoin has been promoted as a digital safe haven, but its recent negative correlation with traditional havens like gold raises questions about its efficacy in this role.

PAXG 和 BTC 的对比表现凸显了当前市场环境下对这些资产的不同看法。黄金历来被视为不确定时期的避险资产，而比特币则被宣传为数字避险资产，但其最近与黄金等传统避险资产的负相关性引发了人们对其这一角色功效的质疑。