4 / 13 Relevant items tagged with #gold

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Is Bitcoin Still a Store of Value?

[Aug 5 6:57 PM] It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.

Asian Markets Cashed out During Recent Gold Rally

[Jul 23 3:20 PM] Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with…

Zimbabwean Miner Launches Blockchain-Based Gold Tracking System

[Jul 17 2:30 AM] Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country. This system ensures that all gold from Kuvimba is traceable from the mine to international…

JPMorgan Bullish on Gold Prices Into Year-End

[Jul 16 6:30 PM] Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its…

Uganda Presents Purchase Plan to Return to the Gold Standard

[Jul 15 8:33 PM] Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support…

China Halts Gold Buying for Second Consecutive Month

[Jul 9 7:33 PM] China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold…

Gold Could Surge to $40,000 per Ounce, Strategist Says

[Jul 8 5:16 PM] Egon von Greyerz, founder of Matterhorn Asset Management and Gold Switzerland, has shared his insights, indicating potential for substantial increases in gold prices based on historical trends and current economic conditions. He explained that gold…

Analysts Predict Second Trump Era Could Boost Gold Prices

[Jul 7 10:30 AM] Despite a general downturn in crypto markets, gold has appreciated by 3% over the past five days, currently trading at $2,391 per ounce this weekend. Supporters of gold anticipate the precious metal will continue its strong performance in the…