One of the trusted, reliable and most-secure wallets in the crypto space, Blockchain has recently announced a new token (DGLD) listing on its native crypto trading exchange, THE PIT. The news, which was spread a few hours ago on one of the social media, twitter handle. Using cryptocurrency and blockchain technology, the Digital Gold token […]
On Thursday, after US President Donald Trump announced that Washington was close to a trade agreement with China, crushing the intrigue of safe-haven metal, gold plunged from more than a month’s peak. The record surge in rare palladium, meanwhile, gave no indications of decreasing. Spot gold plunged 0.5% to $ 1,467.04 an ounce. Values reached […]
This seems to be the season for the safe-havens given the expected events this week which will shape the currency market for the year 2020. First, The December 15th deadline set by the United States for the signing of a preliminary trade pact in which US president had threatened more tariffs in case of a […]
The hopes about a de-escalation of the trade war between the two largest economies came to a crunch when United States President, Donald Trump confirmed the fears of investors that the preliminary pact might not happen till 2020. President Trump while making comments after increasing tariffs on steel and aluminum exports from neighboring countries, Brazil […]
Barely two days after safe-haven metal touched down on a 2 week low due to the progress made in the trade talks between two top economies, US and China, Gold is steadily regaining momentum as it traded at $1,459.10 per ounce as against last Tuesday price of $1,450.30. Earlier on in the week, the trade […]
In the last two weeks, fresh updates from the trade talks between two macro economies, U.S and China have emerged. Firstly, the video conferencing call between Chinese Vice-premier, Liu He and two top U.S trade officials which were hailed as a constructive one. This came barely two days after reports speculated preliminary pact almost been […]
Previously in the news, it was recalled that US-China top officials had a video conferencing call in which observers termed as a constructive one. Many saw this as a dim light in a tunnel although the final say depended on president trump. Investors entered the week been hopeful even though US threat on slapping more […]
The general assertion that Bitcoin and Gold are correlating pair cannot be disputed. Over time, these instruments have proven their true trends to be synonymous. In late October, Bitcoin and Gold broke out of their mid-term descending channel with a massive surge of about +50% after Xi Ping, the Chinese President release on Blockchain and […]
Gold is by all accounts prepared for a short-covering rally after the substantial plunge a week ago. The present news might be sufficient to oust the absolute weakest short sellers from the market. Gold prices are moving higher on Monday, supported by lower Treasury yields and lower demand for shares. Poor business conditions because of […]
