HSBC launches tokenised gold for retail customers in Hong Kong as government pushes for publicly accessible digital assets
Tokenised gold assets are not a new concept – they surpassed US$1 billion in value globally in 2023, according to CoinGecko, a platform that tracks...
Larry Fink says India’s love for gold has done little for its economy
Fancy anklets at an upscale jewellery shop in Thiruvananthapuram (Trivandrum), Kerala, India Nurphoto | Nurphoto | Getty Images India’s fondness for gold has neither benefited...
The reasons why this gold bull is very different
Something is afoot with gold. Before analysing the mystery, a question. Is gold overpriced? The World Gold Council estimates that 6.8 billion ounces of gold...
Gold’s behaviour points to sustained strong demand
Do note that this group of traders tends to anticipate, accelerate, and amplify price changes that have been set in motion by fundamentals. Being followers...
Money Supply Dips for First Time Since November
March 27, 2024 by SchiffGold 0 3 Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what...
Larry Fink Warns of ‘Snowballing Debt’ Hitting US Economy
(Bloomberg) — BlackRock Inc. Chief Executive Officer Larry Fink said the US public debt situation “is more urgent than I can ever remember” and that...
Fed’s Operating Losses Swelled to Record $114.3 Billion in 2023
The Federal Reserve’s expenses exceeded its earnings in 2023 by $114.3 billion, its largest operating loss ever, forcing the US central bank to forgo remittances...
An Inflation Rate Of 20%
The US Federal Reserve building is seen past caution tape (Photo by Stefani Reynolds / AFP) AFP via Getty Images All the inflation reports have...
Today’s top gold news and opinion
3/27/2024 Rate cuts are a good environment for gold investment, says World Gold Council’s Joe Cavatoni (CNBC)World Gold Council Market Strategist, joins ‘Closing Bell: Overtime’...
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of...