Spot gold just hit another record high, climbing 1% to break past $4,563.61 per ounce. For crypto traders watching macro trends, this is worth paying attention to—when traditional safe havens like gold keep rallying, it often signals heightened risk aversion across markets. Whether this reflects inflation concerns, geopolitical tensions, or shifts in Fed policy, the move matters for understanding broader market sentiment. Precious metals and crypto tend to play different roles in portfolio protection, but they sometimes move in tandem when systemic risks emerge.