The U.S. stock market saw positive gains following the release of the latest non-farm payroll report, according to PANews. Spot gold rallied, reaching $3,580 per ounce on Wednesday, […]
U.S. Dollar Index Drops After July Job Openings Data Release
The U.S. Dollar Index (DXY) saw a temporary dip of 10 points, settling at 98.19 after the release of the July JOLTs job openings data. Alongside this development, […]
Gold’s Surge: Is Bitcoin Facing an Unexpected Threat?
Recent market data reveals a surprising trend: gold prices are surging to new highs, even as Bitcoin experiences a notable downturn. This unexpected correlation has ignited questions about […]
Trade Tensions Drive Precious Metals Price Movements, as Investors Seek Safe Havens
Exinity Group’s Chief Market Analyst Han Tan explains that ongoing trade tensions between major economies are creating obstacles for achieving lasting agreements. He notes that gold prices are […]
Gold and Silver Prices Drop Sharply
Spot gold prices experienced a significant downturn today, plummeting approximately $50 from the day’s peak to settle at $3,300 per ounce, representing a 1.26% decline. Conversely, spot silver […]
Bitcoin’s Price Surpasses Gold as Market Trends Align
Recent data from PANews indicates that Bitcoin’s current price has closely matched the value of one kilogram of gold, reaching approximately $102,900. This striking similarity in market value […]
Gold-Backed Tokens Surge in Activity Amid Rising Gold Prices
The rise in spot gold prices is driving increased interest in gold-backed tokens, as evidenced by soaring trading volumes on exchanges like CoinGecko. Data shows that the sector’s […]
Bitcoin Soars as Gold Prices Climb: What’s Driving the Market?
Bitcoin saw significant price gains this week, mirroring positive trends in gold prices. This correlation has fueled optimism within the crypto market and prompted increased investor interest in […]
Bitcoin Soars as Dollar Drops to New Lows
Bitcoin prices reached a new high of $81,025 earlier this week, surging ahead of the dollar’s historic decline. The U.S. dollar index (DXY) hit 99.705 – its lowest […]
Bitcoin Price Faces Uncertainty: Will the 2025 Rally Continue or End Below $60K?
The Bitcoin price concluded March on a neutral note, with short-term holders struggling to align with long-term investors. Upcoming reciprocal tariffs from the US this week are causing […]