Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying …
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Tag:
gold
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Tether has become a major source of financing for Gold.com, giving about $1.5 billion to the US precious-metals dealer. The relationship, as …
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Diesel is rising mainly because of geopolitical tensions in the Middle East, including the ongoing U.S.–Israeli conflict with Iran, which has disrupted …
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Gold buyers just got a reminder of how quickly a single inflation report can shift the mood in the metals market. Prices …
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The UK’s Financial Conduct Authority (FCA) published a Call for Input on tokenised gold on September 14, asking market participants whether moving …
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Markets
FCA considers exempting tokenized gold from fund rules to defend London market
by shayaanby shayaanThe Financial Conduct Authority is exploring a bespoke regulatory framework with the Treasury to carve out digital gold from traditional fund laws. …
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Analysis
Goldman Sachs Describes Gold Pullback as Pause, Flags $4,000 Buy Zone Ahead of FOMC Meeting
by shayaanby shayaanA major investment bank is framing gold’s sharp price decline from its peak as merely a pause in a longer bull market …
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Gold has always been the asset investors turn to when markets feel shaky, but this time it’s showing up somewhere unexpected: on …
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Markets
One full bitcoin now buys a little more than 18 ounces of gold, the most since January
by shayaanby shayaanBitcoin is pulling ahead of gold even as both hard assets rally together, driven by fears that governments will inflate away their …
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Finance
More Indians Own Gold Than Crypto, But Is That Changing? 97.5M Users Signal a Shift
by shayaanby shayaanIndia’s gold dominance is facing a new challenge as crypto ownership approaches 100 million users, although the gap remains wide. About 700 …
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