Gold prices surged above $4,100 per ounce, hitting a new all-time high as investors shift to safer assets after a flash crypto crash. $21 billion has reportedly exited digital asset markets, with Binance alone seeing outflows. Spot gold rose 2.2% to $4,106 per ounce on Tuesday, with U.S. gold futures settling 3.3% higher at $4,133. Gold has climbed amid trade war uncertainty and expected U.S. interest rate cuts. Binance denied allegations of dumping tokens and emphasized confidentiality in listing communications, threatening legal action to protect its interests.

Read more at Yahoo Finance: Gold Tops $4,100 as Crypto Crash Sparks Massive Capital Flight