If you thought gold’s run over the past five years was extraordinary, returning 177% (1), get ready for the next five. Since 2020, the value of gold has skyrocketed (2) from $1,585 per ounce to over $4,500 per ounce. Must read Now, German investment bank Deutsche Bank predicts it will almost double to $8,000 per…
Tevarak / iStock via Getty Images Gold closed 2025 up more than 55%, while Bitcoin (BTC) fell more than 30% from its October high near $126,200. Central banks collectively held more gold than US Treasuries in reserves for the first time in decades. Bitcoin fell below $90,000 in late November as its digital gold narrative…
European stock markets are seeing a surge, driven by signs that China’s stimulus measures are having a positive impact on its economy. The mining sector, in particular, is benefiting from rising metal prices, while companies with significant sales in China are also seeing gains. Additionally, stable oil prices and bond yields are contributing to market…
Wall Street started the day with a slight rebound, but remains on track for weekly losses following a sell-off fueled by the Federal Reserve’s guidance of prolonged high interest rates. At the opening bell, the S&P 500 (^GSPC) saw a modest gain of around 0.2%, while the Dow Jones Industrial Average (^DJI) was flat. The…
Gold holdings exceed those of the US Treasury. Photo by BeInCrypto For the first time since the mid-1990s, foreign central banks have held more gold than US Treasuries. This milestone shows a significant shift in the way global power views security, liquidity and trust. Beyond a market event, the quiet rotation from paper to metal…
Gold just had its worst day in 12 years, snapping an unprecedented rally. But investors may not be giving up just yet, as inflation fears and global turmoil fuel demand. According to Lombard Odier, central banks will continue to collaborate, helping to put a floor on prices. Gold’s record run was broken on Tuesday, falling…
