BRICS nations have accumulated over 6,000 tons of gold by 2025, and this represents about 20-21% of what central banks hold globally right now. Russia leads the way with 2,335.85…
Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across…
The US government posted a $345 billion deficit in August, with receipts of $344 billion overshadowed by $689 billion in spending. The largest outlays were Medicare at $141 billion and…
August put a small dent in what remains a longer-term uptrend for digital assets. Bitcoin fell about 6.5% — its first monthly decline since March — after briefly touching a…
BRICS member China is accumulating gold for 10 months straight and diversifying its reserves to strike at the USD. The People’s Bank of China (PBOC) purchased 60,000 ounces of gold…
The U.S. preliminary benchmark payrolls revision revealed a downward adjustment of 911,000 jobs for the one-year period ending March 2025, the largest on record.The news suggests the labor market was…
Tether CEO Paolo Ardoino has dismissed suggestions that the stablecoin company has been offloading its bitcoin holdings in order to buy gold.Ardoino said Tether, issuer of the world's largest stablecoin…
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By Omkar Godbole (All times ET unless indicated otherwise)As both traditional and crypto markets await the U.S. nonfarm payrolls data, some unrelated news hit the wires, underscoring gold's appeal as…
Tether, the issuer of world's largest stablecoin, USDT, has eyed investing in gold mining, the Financial Times reported on Friday.The firm has held discussions with mining groups about putting money…