Cantor Fitzgerald Launches Gold-Backed Bitcoin Fund, Expects Long-Term Outperformance

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

China Buys Gold yet Again, Consolidates 10-Month Purchase Streak

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

World Gold Council Unveils Wholesale Digital Gold to Transform Global Trading

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 Steals Bitcoin Spotlight, Reaches Record Price Levels in Monday Night Dash

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

Strategist Warns Gold Surpassed US Treasuries as Reserve Asset: A Dollar Rebalancing Might Follow

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 believes that this might precede a major economic rebalance. Gold Defeats U.S. Treasuries as Reserve Asset: What Comes Next? The world is experiencing an economic … Read more

China Gold Reserves Reach 2,300 Tonnes After Steady Accumulation

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 World Gold Council (WGC). World Gold Council Data: H1 2025 Sees China’s Weakest Gold Imports in Four Years China’s gold market experienced relative price stability … Read more

Ballooning Deficit Creates Bullish Backdrop for Gold, Bitcoin — Kobeissi

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 a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6 billion in a single month. The record-breaking … Read more

Goldman Strategist Favors Gold, Silver, and Bitcoin as ‘Stores-of-Value’ Amid Market Swings

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 volatility. Goldman Hedge Fund Chief Sees 3 ‘Stores-of-Value’ Holding Key Role in Portfolio Mix According to Pasquariello’s insights shared by Zerohedge, the global head of … Read more