Visualizing 80 Years Of The Gold-to-Oil Ratio
Visualizing 80 Years Of The Gold-to-Oil Ratio Gold and oil – two of the most influential commodities on the planet – have a fascinating relationship that has evolved over decades, captured in the gold-to-oil ratio. The gold-to-oil ratio represents the number of barrels of crude oil equivalent in price to one troy ounce of gold. […]
China Strikes Gold: 300-Tonne Deposit Found in Central Province
China has unearthed a massive gold deposit worth $83 billion in Hunan province. Geologists discovered over 40 gold veins containing 300 tonnes of gold within 2,000 meters depth at the Wangu gold field. This find could significantly boost China’s gold production, which currently accounts for 10% of global output. The Hunan Academy of Geology predicts […]
The Magic Of Classic US Gold & Silver Coins
The Magic Of Classic US Gold & Silver Coins By Jesse Colombo of The Bubble Bubble Report Most gold and silver investors begin their journey by purchasing modern bullion coins, such as the American Gold and Silver Eagles from the United States Mint—a practical and popular way to invest in precious metals, and how I […]
Gold Shines as Tech Stocks Stumble: Four-Day Rally Continues
Gold prices continued their upward trend for the fourth consecutive day, driven by increased safe-haven demand amid disappointing tech earnings and ongoing geopolitical tensions. Spot gold rose 0.6% to $2,665.31 per ounce, with bullion up 4% for the week. Analysts attribute the surge more to falling stock markets following Nvidia’s underwhelming forecast than to the […]
UBS Favors Gold Over Bitcoin as Hedge, Cites Lower Volatility
UBS Global Wealth Management’s chief investment officer, Themis Themistocleous, advises that gold is a more effective hedge than Bitcoin due to its lower volatility. Despite Bitcoin’s recent rally, UBS cannot recommend it to private clients, citing its extreme price fluctuations. Themistocleous suggests that traditional hedges like gold offer better portfolio protection with less risk.
Missiles, Michelle, & Missed Targets Spark Stock Dump’n’Pump; Bitcoin & Gold Jump
Missiles, Michelle, & Missed Targets Spark Stock Dump’n’Pump; Bitcoin & Gold Jump Geopolitically, more missiles were reported to have been sent into Russia overnight and that dragged stocks down early… and the micro and the macro kept stocks down for most of the day. Late on, buyers appeared as FOMO spread ahead of NVDA’s earnings. […]
New Research Highlights Silver's Strategic Role in Diversification
A new report commissioned by the Silver Institute suggests that institutional investors should allocate 4-6% of their portfolios to silver for optimal diversification and risk reduction. The study, conducted by Oxford Economics, highlights silver’s low correlation with other asset classes and its potential for strong returns, especially given its growing industrial applications in green technologies.
Swiss Gold Industry Wrestles with Transparency Demands
Switzerland, a global hub for gold refining, is grappling with calls for greater transparency in its gold trade. Despite a court setback, industry groups are pushing for more rigorous due diligence and disclosure of supplier information. The move aims to address concerns about human rights violations and environmental damage in gold mining while maintaining Switzerland’s […]
STATE STREET: 2024 Gold ETF Impact Study
State Street’s 2024 Gold ETF Impact Study reveals a surge in gold investment, driven by economic uncertainty. Gold ETFs emerge as a preferred investment vehicle, with a majority of investors using gold for diversification and long-term gains. The study emphasizes the potential for growth in gold ETF adoption, particularly among younger investors.
Gold Snaps Losing Streak as Dollar Momentum Slows
Gold prices bounced back on Monday after six consecutive sessions of losses, driven by a pause in the U.S. dollar’s rally. Investors are now awaiting comments from Federal Reserve officials for insights into the future interest rate trajectory. The precious metal’s price rose 1.3% to $2,593.32 per ounce, moving away from a two-month low reached […]