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The gold usage in China could dictate the prices of the XAU/USD index next, with its shifting consumer consumption. Retail jewelry consumption in China has dipped 3.54% in the first…
In brief
Billionaire asset manager Ray Dalio has argued that investors should allocate at least 15% of their portfolios to gold and Bitcoin, as a hedge against macroeconomic risks.
Dalio argued that…
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In brief
Bitcoin enthusiasts have often likened the cryptocurrency to “digital gold,” a decentralized alternative to precious metals.
Recent academic research has indicated that Bitcoin and gold may serve fundamentally different investor…
Financial Times reported today that President Trump is preparing to sign an executive order that would allow 401(k) retirement plans to invest in alternative assets such as gold, private equity,…
The World Gold Council published a report on Wednesday, highlighting that Central Banks around the world are buying the precious metal through small-scale domestic miners, paying in local currencies. They…
Bitcoin has surged to new all-time highs above $123,000 and just logged its highest-ever weekly close at $119,500, following another record weekly close the week before. Year to date,…
Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.”BTCT Moved $1M Into Ethereum Reserve, chief executive…