Category: Gold

  • From Electronic Cash To Digital Gold: Story Of Bitcoin

    The world of cryptocurrencies has witnessed a marked shift in the perception and use of Bitcoin, the leading digital asset that was once envisioned as a peer-to-peer electronic cash system. Recent on-chain data reveals a major shift in the way Bitcoin is being used, with its trading reaching a 13-year…

  • From Electronic Cash To Digital Gold: Story Of Bitcoin

    The world of cryptocurrencies has witnessed a marked shift in the perception and use of Bitcoin, the leading digital asset that was once envisioned as a peer-to-peer electronic cash system. Recent on-chain data reveals a major shift in the way Bitcoin is being used, with its trading reaching a 13-year…

  • FP Markets Slashes Spreads on Gold, Major Forex Pairs, and Equity Indices

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • Chart Art: Spot Gold (XAU/USD) Is at the Bottom of a Range!

    Spot gold (XAU/USD) is testing the bottom of the technical support area! Will gold experts benefit from the deal? Or will fundamentals keep buyers away? Gold (XAU/USD) daily Chart by TradingView In case you missed it, gold prices fell sharply on Friday after a stronger-than-expected US non-farm payrolls report. This…

  • QIR1 2024: Not Bitcoin, but Gold. What Drives CFD Industry More?

    While everyone was waiting for the Bitcoin halving, the first quarter of 2024 brought other developments that further impacted the CFD industry. One of these factors was the rise in gold prices, which attracted attention and increased the activity of retail traders. But can this continue forever, generating permanent profits…

  • China’s central bank to return to gold buying as prices ease, analysts say By Reuters

    Written by Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) – China, the sector’s biggest official gold buyer, is expected to resume its bullion buying spree once prices fall from record highs reached in May, with the underlying condition of the metal remaining steady, industry players said at a conference this…

  • Chart Art: New Channel forming on Gold (XAU/USD)

    Check out these higher lows and higher lows forming on the 4-hour gold time frame! Will we see stronger momentum taking it to new highs soon? Here are the inflection points I’ve been seeing lately: Gold (XAU/USD) 4-Hour Frame Chart by TradingView A combination of risk-off flows and anti-USD sentiment…

  • Gold Technical Analysis – The bias turned a bit more bullish

    Basic overview Gold felt pressure from rising real yields in the latter part of May which led to it falling and consolidating around the 2340 level. More recently, data has shown that the inflation panic of the first part of the year appears to be in the rearview mirror, and…

  • Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

    Despite the relatively tepid movement in the cryptocurrency market since Bitcoin reached… New all-time high (ATH) In March, Bitcoin, Ethereum, and Solana continued to lead traditional assets, Including gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.…

  • Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

    Despite the relatively tepid movement in the cryptocurrency market since Bitcoin reached… New all-time high (ATH) In March, Bitcoin, Ethereum, and Solana continued to lead traditional assets, Including gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.…

  • Commodity Roundup: Crude oil down 2%, gold subdued as dollar firms (Commodity:CL1:COM)

    to imagine Gold prices (XAUUSD:CUR) fell on Tuesday as the US dollar held firm, with focus turning to jobs data, while oil extended its declines after hitting a four-month low, as investors continue to weigh OPEC+ production decision. Bullion rose on Monday The data also showed that manufacturing activity in…

  • Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters

    Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…

  • Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters

    Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…

  • Caledonia to file preliminary economic assessment on chosen approach to develop the Bilboes sulphide gold project

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jun 03, 2024  •  14 minute…

  • Chart Art: Is Gold (XAU/USD) Due for a Reversal Soon?

    Has the precious metal reached the turning point at the end of its uptrend? I see signs of the rally being exhausted, but we are yet to see further confirmation from technical indicators. Check out this reversal formation I see on the 4-hour gold time frame! Gold (XAU/USD) 4-Hour Frame…

  • Chart Art: Gold (XAU/USD) Correction to Area of Interest

    Did you miss gold’s strong breakout? This could be your chance to follow the trend if you are still bullish on the precious metal! Take a look at this confluence of levels I’m seeing on the 4-hour time frame. Gold (XAU/USD) 4-Hour Frame Chart by TradingView Watch out, gold bugs!…

  • Gold, copper hit records, silver reaches 12-year high as metals rally continues

    Gold (GC=F) touched a record high on Monday, and silver prices (SIL=F) reached 12-year highs as this year’s rally continues in the metals market. Gold futures traded above $2,450 an ounce during early morning trading, surpassing previous nominal highs reached in April before paring gains. Silver also rose, hovering above…

  • ForexLive Asia-Pacific FX news wrap: Gold hit a record high, silver and copper surged also

    Speakers at the Fed on Monday included Bostic, Barr, Waller and Jefferson Iranian official media confirmed that there were no survivors from the helicopter crash The Saudi Crown Prince postpones his visit to Japan ICYMI – China’s benchmark lending rates remained steady: 1-year loan coverage ratio at 3.45% and 5-year…

  • UBS warns gold prices may pull back soon, remains bullish long-term By Investing.com

    In a note to clients, UBS analysts asked investors to consider portfolio hedges amid ongoing macroeconomic uncertainty. However, they noted that although gold has traditionally served as a safe-haven asset, there are potential headwinds in the short-term. Specifically, if markets lower their expectations for an interest rate cut by the…

  • Chart Art: Descending Triangle Pattern on Gold (XAU/USD)

    Gold forms lower highs and finds support at $2,300, forming a descending triangle pattern on the 4-hour chart. Is he about to go back to the bottom soon? Take a look at the inflection points I’m seeing: Gold (XAU/USD) 1 hour Chart by TradingView Gold traders appear to be playing…