Home Tags Gold

Tag: Gold

24 karat gold bars, photographed at the United States West Point Mint facility in West Point, New York.

While in lockdown with their family, two French children reportedly found two bars of gold that could be worth more than $100,000

The kids found the heavy objects in a set of folded bedsheets they planned to use to build a fort, according to French news network BFM TV.

Hedge fund bear Crispin Odey says personal gold ownership could become illegal if inflation spikes

Roughly 40% of Odey European's asset value sits in gold futures, Bloomberg reported, up from 15% at the end of March.

HSBC lost nearly $200 million in a single day amid gold-market turbulence

When the coronavirus pandemic slammed gold's supply chain, prices in different locales sharply differed and drove major trading losses, HSBC said.

Investors are rushing into gold to maximize returns during the pandemic, but analysts urge investors to “take a breather”

Yung-Yu Ma, chief investment strategist at BMO Wealth Management, said gold prices took "investors on a wild ride"' during the great financial crisis.
A man walks past an electric board showing exchange rates of various cryptocurrencies including Bitcoin (top L) at a cryptocurrencies exchange in Seoul

The crypto market grows by $13 billion as bitcoin breaks the $10,000 threshold for the first time since February

The entire cryptocurrency market is now worth a combined $267 billion as of Friday morning, according to data from CoinMarketCap.
Paul Tudor Jones, founder and chief investment officer of Tudor Investment Corporation, speaks at the Sohn Investment Conference in New York, May 5, 2014

Billionaire investor Paul Tudor Jones says he’s loading up on bitcoin

Jones told his clients in a market outlook note that he believes bitcoin will serve as a hedge against a jump in inflation he thinks is imminent.
Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, August 14, 2019.

Paul Singer’s Elliott Management reportedly called gold ‘one of the most undervalued’ assets around, as hedge funds bet big on the p...

Several big hedge funds are bullish on gold, on expectations that the pandemic will cause devaluations in major currencies.

Gold’s coronavirus rally has room to run, and it could jump 5% in the coming weeks, UBS said

High uncertainty and negative real rates of interest continues to prop up gold's reputation as an attractive hedge against risk.

From precious metals to loans on the brink of default: Investors are flocking to these assets after the coronavirus market meltdown

Distressed debt, gold, and even bitcoin are garnering new interest from analysts and investors alike as the stock market rebound slows.

Gold prices will nearly double to a record $3,000 as central banks fuel ‘financial repression,’ Bank of America says

Monetary authorities are spending trillions of dollars to keep economies stable, creating a perfect situation for gold to rally, the analysts said.