Latest News for: Gold attractions


Gold tokens are strong, Bitcoin stalls due to accelerated inflation

OBN 13 Jun 2021
As Bitcoin (BTC) loses its brilliance as “digital gold,” crypto investors are finding value in tokens backed by real gold ... “Tether Gold may be attractive to institutional investors in the digital token sector who want to invest in gold,” said Paolo Ardoino, Tether’s chief technology officer.

Gold Goin’ Red Ahead of the Fed

FX Empire 13 Jun 2021
As prior penned in “Gold’s June Swoon”, the technical and seasonal case was laid out for Gold to settle June “nearer to 1800” than to 1900 ... Gold has proven to have done well when the short end of the yield curve actually rises; (recall the FedFunds rate and the price of Gold increasing together through the three-year stint from 2004-2006).

Movies Like In the Heights to Watch Next

Collider 13 Jun 2021
While there are many films that you are welcome to watch in the comfort of your own laptop or TV, this one will probably shake things up for those who miss the whole cinematic experience ... RELATED ... West Side Story (1961) ... Nick Young (Henry Golding) is not only part of one of the wealthiest families in China, but also an attractive sought-out socialite.

Risk-averse investors take a shine to gold ETFs

Business Line 12 Jun 2021
Notwithstanding the gloom surrounding the Covid-hit economy, the unrelented rally in equities in the last few months has been driving investors to hedge their risk in gold ... Expectedly, this has attracted investors interest and continues to do so which is evident from the consistent net inflows into Gold ETF category.

Winter sports market scales new heights

China Daily 12 Jun 2021
Through the Beijing Winter Games, more people in China will get to know more about winter sports, which will attract more people to work in the sector, and we will witness the emergence of more Chinese gold medalists at future Winter Olympics.".

40kg gold & Rs 6.5cr stolen from flat in Gr Noida? I don’t know, says owner

The Times of India 12 Jun 2021
Police have recovered a cache of a little over 13kg of gold in biscuits and cash worth Rs 57 lakh from six men who had allegedly stolen the valuables from the flat of a law firm owner ... Police estimate the total gold that may have been stolen from the flat could be around 40kg and the cash about Rs.

Horoscopes and celebrity birthdays for Saturday, June 12

Winona Daily News 12 Jun 2021
Today’s Birthday (06/12/21). Education reveals gold this year. Consistent exploration wins solutions. You’re energized, attractive and charismatic this summer before autumn invites a change in pace, direction and vision ... Investigate puzzles for new possibilities ... Virgo (Aug ... 22) — Today is an 8 — You’re attracting the attention of someone influential ... .

Opposition group bares 6 President, VP bets

The Manila Times 12 Jun 2021
Mary Grace Poe, Cibac party-list Rep. Eduardo "Bro ... Bro ... "Unless we level the playing field, we cannot attract thae right candidates to run for office. This deprives our people the opportunity to choose their candidates intelligently and are left without much choice and thus succumb to the fatal attraction of guns, goons and gold," he added ... Sen ... .

Is gold really an inflation hedge?

Mining Dot Com 11 Jun 2021
From the fundamental point of view, gold should benefit from higher inflation ... First, the inflationary increase in the money supply makes all goods and services more expensive, including gold ... During inflation, bonds underperform, so gold’s attractiveness increases. And last but definitely not least, gold is perceived as an inflation hedge.

Gold stocks room to run

Mining Dot Com 11 Jun 2021
In the process it forces gold stocks nearly vertical, leaving them extremely overbought ... And a year earlier between the end of May to early September 2019, GDX rocketed up 43.4%! So gold stocks have attracted much capital in recent summers on gold powering higher, contrary to normal weak seasonals.

Economic uncertainty is increasing: How gold relates to inflation

Elko Daily Free Press 10 Jun 2021
Inflation generally results in a higher gold price, because gold has the reputation of holding its value during economic turmoil, so people in countries undergoing inflation may buy more gold as the local currency loses its value ... Gold became less attractive, though, because the inflation rate had dropped from over 12% to 4%, and though the U.S.

Cryptocurrency 101 — What’s All The Hype?

Cascade Business News 10 Jun 2021
(Photo . Courtesy of Rosell Wealth Management ) ... What Is Cryptocurrency? ... Bitcoin ... Dollar, euro, pound and yen are not backed by a physical commodity like gold, but instead by the government that issued it ... This attribute makes it attractive as a Store of Value (SOV). An SOV is an investment for wealth like gold that is generally resistant to inflation.

President Sisi directs gov’t to expand Dabaa road

Egypt Today 10 Jun 2021
... city and the New Administrative Capital’s city of gold ... In a bid to revive the gold industry and attract investments, and building on 3,000 years of civilization, Egypt has recently announced the establishment of a new city for the manufacture and trade of gold. .

Report from the Legislature

Moosejaw Today 10 Jun 2021
Contact info. ... Saskatchewan’s Targeted Mineral Exploration Incentive (TMEI) Program has attracted $9.8 million of investment over the past year with companies completing drill programs for gold, silver, copper, nickel, cobalt, zinc, and platinum group elements. This is leading to a gold rush and the world's first carbon neutral copper mine.

Gold continues to be the preferred asset class for 2021, says report

Live Mint 09 Jun 2021
Expectations of higher inflation and central banks' tapering are the key triggers that will drive gold prices going forward, with the yellow metal likely to continue to attract ... However, gold will continue to attract investments for hedging risk against other asset classes.