Both precious metals have fallen sharply in recent trading days. The broader market correction in crypto continues as Bitcoin fell below $75,000 for the first time in almost a year, while ETH was dumped below $2,200. While this sounds bad, but it is, it’s also worth looking for another perspective that might show that “we’re […]
Gold and silver continued their sharp sell-off on MCX, with futures down 6% at the Feb. 1 open, dragging gold ETFs down as much as 16% in early Friday trading.Gold futures for April delivery fell 6% – down Rs 9,140 per 10 gram – to open at Rs 1,43,205, a sharp three-session decline of nearly […]
Bitcoin fell sharply this week, reaching just above $82,000 in early US trading, prompting a broad purge of overcrowded positions. Based on data from Coinglass, around 270,000 accounts have been wiped out on the exchanges in the past day, with a total of nearly $1.70 billion in liquidations recorded. Many of the losses came from […]
Losing confidence in government-printed (fiat) money could push gold well above its current record price of $5,057 per ounce as investors feel betrayed. A human analogy used by leading gold dealer Ross Norman to explain the psychology behind the gold boom is the difficulty in rebuilding trust after marital separation caused by one spouse being […]
Analysts say a weak dollar only helps Bitcoin during easy liquidity or inflation, and not during risk-free capital preservation. Bitcoin (BTC) fell to $86,000 on Sunday as global markets turned defensive even as the US dollar weakened on fears of currency intervention and bond market stress in Japan. This move has challenged the common view […]
As global markets grapple with volatility, changing interest rate expectations and evolving growth stories, investors are reassessing asset allocation across commodities, equities and themes like AI. In an interaction with ET Markets, Joanne Goh, Senior Investment Strategist at DBS Bank, shares her views on gold and silver, warns of froth in parts of AI trading […]
For decades, gold has held a unique position in Indian households, not only as a piece of jewelry or an investment, but also as a symbol of financial security, cultural continuity and long-term wealth preservation. It is estimated that India holds nearly 25,000 tonnes of domestic gold, worth over ₹126 lakh crore, making it one […]
The precious metals are on the run again. BTC tried but failed. With growing global uncertainty and increasing geopolitical tension, it is clear that investors are tending to choose more stable and historically proven assets such as gold and silver, while leaving cryptocurrencies aside, at least for now. In the past few hours alone, BTC […]
After gold prices hit an all-time high of $4,880 an ounce earlier this week and will rise nearly 70% through 2025, domestic brokerage SAMCO Securities has set a long-term target of around $7,040, indicating significant upside potential as the current cycle unfolds.The broker said the new peak confirmed the strength of gold’s underlying technical structure […]
BTC fell to a weekly low, gold is on a roll again. The geopolitical tension regarding Greenland continues to unfold on a daily basis, with the latest development shaping a high-level meeting between several leaders in Davos, Switzerland. Just like Monday morning, BTC has headed south and dropped to a new weekly low. At the […]