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In 2024, global gold demand reached its highest level on record, propelled by steady central bank acquisitions and heightened investment activity, the World Gold Council reported during the first week of February 2025. Gold Prices Hit 40 Record Highs in 2024 as Demand Continues to Soar Overall annual gold demand, including over-the-counter (OTC) transactions, climbed … Read more
Gold prices have broken records once again, inching closer to the $3,000 key level. This phenomenon has been accompanied by an unusual movement of physical gold to COMEX vaults, as investors cling to tangible assets amidst the current geopolitical backdrop. Gold Keeps Shining, Breaks All-Time High Prices Once Again Gold has proven again that is … Read more
Gold reached a new all-time high as markets weighed the possible effects of tariffs and investors sought safer alternatives. The precious metal passed the $2,800 per troy ounce mark on Friday, reaching a record level of $2,850.9 on New York’s COMEX, inching it closer to the key $3,000 threshold. Nonetheless, prices subsided on Monday as … Read more
UBS predicts gold’s 2025 rally could defy rate cuts and a strong dollar, fueled by central bank demand and economic uncertainty. Why UBS Is Still Bullish on Gold for 2025—Even With Rate Cuts in Limbo UBS, the Swiss multinational investment bank and financial services giant, has offered an optimistic outlook on gold for 2025, despite … Read more
Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said. Go to Source
In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in their … Read more
Jan Nieuwenhuijs, a gold market analyst, has raised concerns about the rise in the People’s Bank of China (PBOC) secret gold purchase operations. He believes the bank has accumulated over 100 tonnes of gold through unreported London gold imports during Q4 2024. Golden Chase: China Has Secretly Scooped Up Over 100 Tonnes of Gold in … Read more
Galaxy Research predicts a bullish year for Bitcoin in 2025, projecting prices to surpass $150,000 and potentially reach $185,000 in Q4. Bitcoin Market Cap to Reach 20% of Gold’s Galaxy Research, an arm of the digital asset management firm Galaxy, projects bitcoin (BTC) to surpass $150,000 in the first half of 2025 and may even … Read more
On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental activists, who believe this will negatively affect the country. With New Mining Law, El Salvador Stakes Claim … Read more
Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet. Go to Source
