Digital gold or fool’s gold: is crypto really a hedge against equity risk? City Talk Crypto enthusiasts often claim that digital coins and tokens are uncorrelated with equities and can provide a safe haven amid stock market crashes. The assumption is that cryptoassets will act like “digital gold,” serving as a hedge against equity risk and helping investors ride out such downturns. Such bold claims beg for examination, especially amid [...]
Gold weighed down by hawkish Federal Reserve and resurgent US dollar GOLD PRICES The hawkish US Federal Reserve's response to soaring inflation and the strengthening of the US dollar continue to weigh down gold prices.
Gold prices dive as hawkish Federal Reserve prepares to counter inflation with interest rate hike NOT SO GOLDEN Gold prices plummeted $20 per ounce today with growing expectations of a hefty basis point hike in interest rates from the Federal Reserve this week.
City boss pays staff in gold to beat inflation: ‘Makes no sense to pay them in pounds’ May 15, 2022 Staff at a financial services firm in the City of London have been offered the possibility to get paid in gold rather than pounds and pence — to help them keep ahead of inflation. TallyMoney CEO Cameron Parry is understood to be the first employer in the country to trial a gold payroll, though other [...]
Gold prices hit by resurgent dollar and upcoming interest rate hike May 3, 2022 Gold prices showed some signs of recovery this afternoon after tumbling to a two-and-a-half month low earlier in the day.
Industrial silver demand reached record highs last year April 21, 2022 Industrial demand for silver soared to a record high of 508m ounces last year, according to The Silver Institute.
Palladium prices soar as London suspends Russian refiners April 11, 2022 Palladium prices have continued to climb today - closing in on $2,500 per ounce following a nine per cent spike last Friday.
Gold holds up amid looming fears of recession April 4, 2022 Gold prices have stabilised as fears of a recession mount, with continued geopolitical tensions and the growing expectations of an interest rate hike.
Gold prices recover despite Federal Reserve rate hike March 17, 2022 Gold prices have surged to $1,941 per ounce despite the US Federal Reserve increasing interest rates by 25 basis points.
Golden opportunity: Worried investors drive the rally February 22, 2022 Gold prices have rebounded this month, with the precious metal glittering in the gloom amid escalating tensions between Russia and the West.