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In the past 24 hours, Wall Street’s been strutting like it owns the runway. The S&P 500 has climbed nearly 30% from its April slump, flexing new record highs with the Nasdaq and Dow right behind it. Gold, never one to miss the spotlight, glittered its way to an all-time high of $3,746 per ounce. … Read more
Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 … Read more
The precious metal has moved within striking distance of $3,700, but Goldman Sachs says even $5,000 is possible if Trump wins his tug-of-war with the Fed. Gold Prices Notch Another Historic High Gold climbed above $3,685 per ounce on Monday afternoon, a new all-time high, just days after topping 3,674 per ounce last Tuesday, according … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the significance of El Salvador’s latest gold purchase and how it aligns with bitcoin’s sound‑money ethos. Latam Insights Encore: El Salvador’s Gold Purchase Follows Bitcoin Monetary Ideals in Defiance … Read more
Cantor Fitzgerald launches a five-year bitcoin-gold fund designed to capture explosive crypto upside while leveraging gold’s stability to safeguard investor principal from sharp market downturns. New Cantor Fitzgerald Bitcoin-Gold Fund Targets Outperformance Over Five Years Cantor Fitzgerald Asset Management announced on Sept. 8 the creation of the Cantor Fitzgerald Gold Protected Bitcoin Fund L.P., a … Read more
The price of gold set a fresh all-time high on Monday, Sept. 8, reaching $3,637 per ounce. In recent months, the metal has held elevated levels, up about 1% from the prior day and 44% year over year. Safe-Haven Stampede: Gold Prints New Peak While the Greenback Slips At 10 a.m. Eastern time Monday, OANDA … Read more
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 acquisitions, even at record prices. China Continues to Purchase Gold Even at Record Prices Countries have started to turn to gold again, given the current … Read more
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 Central Bank of El Salvador now holds 58,105 troy ounces of gold, valued at nearly $207.4 million. El Salvador Joins the Gold Rush With 13,999 … Read more
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 Future of Digital Precious Metals Market in London The World Gold Council (WGC), Linklaters LLP, and Hilltop Walk Consulting announced on Sept. 3 a joint … Read more
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 positioning themselves to profit from the Trump Administration’s potential attack on the Fed’s independence and an upcoming interest rate cut. Gold Reaches All-Time High Prices … Read more