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The People’s Bank of China has continued to purchase gold to add to the country’s foreign reserves, according to official data. The purchase, albeit marginal, fuels China’s 10-month streak of…
With this move, El Salvador follows in the footsteps of other nations like China, Turkey, and India, which have been significant buyers of gold to diversify their foreign reserves. The…
The next few months will be crucial for precious metals like gold and silver, as the market will likely move in either a bullish or bearish direction. Regardless of the…
Bitcoin has been on a downtrend after hitting a new all-time high in mid-August. This decline stands in stark contrast to rising equities and gold prices. Such a divergence, however,…
A landmark digital gold initiative is set to transform the global bullion market, merging physical ownership with digital efficiency to elevate London’s role in precious metals trading. Industry Collaboration Shapes…
Gold has started to shine again, as spot prices surpassed the $3,500 mark on Monday night, stealing the spotlight from bitcoin, which has retraced from all-time high levels. Investors are…
Otavio Costa, an economic strategist, recently highlighted that the U.S. treasuries had been displaced by gold to become the main reserve asset held by central banks around the world. Costa…
China’s gold market showed relative price stability in July, though exchange-traded funds (ETFs) saw outflows, futures trading cooled, and first-half imports hit their lowest level since 2021, according to the…
In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In…
Goldman Sachs’ Tony Pasquariello maintains a core portfolio strategy favoring U.S. tech stocks, traditional and digital “stores-of-value” like bitcoin, a modest dollar short, and global curve steepeners despite recent market…