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 […]
Toplines: In the wake of plunging 0.2% prior in the session, spot gold was stable at $1,512.93 per ounce Up 0.2% at $1,514.80 per ounce was U.S. gold futures The price for gold was stable early Monday as the greenback eased on light manufacturing survey, while indications of a U.S.- China economic bargain getting past […]
Bitcoin is called “digital gold” due to the similarities it shares with real gold. However, a new counterfeit problem on gold is rocking the market. This has caused Bitcoin to gain more edge as a safe-haven over gold for investors. Fake Gold Saturating the Markets The image of the precious metal sector is being tainted […]
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