Concerns around recession risks also boost the case to own debt, with traders betting global central bankers may have to aggressively cut rates to bolster growth. Such views have seen …
Riyadh: Saudi Arabia has announced the discovery of a “significant gold resource potential” in the Kingdom. In a X post, on Thursday, December 28, Saudi Arabian Mining Company (Ma’aden) informed …
Value Partners, a Hong Kong-listed company, is set on issuing blockchain tokens backed by physical gold and filing applications for crypto-related ETFs. According to local media Hong Kong Commercial Daily, …
The Bitcoin critic Peter Schiff made yet another bold prediction about the fate of Bitcoin in light of gold’s recent dip following a peak. In a fresh assault on Bitcoin’s …
The Fed began raising “interest rates” on March 16, 2022. At the time the dollar price of gold was $1,936. 525 basis points worth of hikes later, the dollar price …
Shut out of London following the invasion of Ukraine, Russian gold trading switched to Dubai. Now it’s shifting again, to the bullion hub of Hong Kong. The city has long …
The Indian festival of Diwali, being celebrated this weekend, is also spurring purchases because it is considered auspicious. High prices are, however, prompting many consumers to settle for smaller quantities, …
In South Korea, a pure gold ring has long been a traditional gift on the occasion of a baby’s first birthday, to bless his or her health and security. However, …
West Africa-focused Tietto Minerals has touted a record month of production at its flagship Abujar gold mine in the Côte d’Ivoire, while rejecting a $650 million takeover offer lobbed by …
Fidelity Investments executive Jurrien Timmer compares Bitcoin to “exponential gold,” emphasizing its potential to surpass gold’s value in response to certain economic conditions. Fidelity Investments’ Director of Global Macro Jurrien …