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Category: World Gold Council
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India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit
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Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
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Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell
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Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped significantly in value in contrast […]
The post Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High appeared first on Bitcoin News.
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A Visual Comparison Between Bitcoin and Other Markets
The market cap of cryptocurrencies, the world’s fastest growing asset class, has surpassed $677 billion. And bitcoin itself has surged past the payment processing company Paypal and the fast food company McDonald’s. Still, it looks tiny compared to other global markets. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland The site The […]
The post A Visual Comparison Between Bitcoin and Other Markets appeared first on Bitcoin News.
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