Gold


Markets

Market Wrap: Bitcoin and Ether Rise on Bullish Sentiment

Bulls returned to defend short-term support in bitcoin and ether.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Precious Metals Data Provider Kitco to Issue Gold-Backed Stablecoin

Kitco Gold will be backed by physical gold stored in vaults and will track the real-time market value of the yellow metal.

Gold bars

Videos

Short-Term Return on Investment: Bitcoin Down 40%, Gold Remains Resilient

Is gold or bitcoin a safe-haven asset? Over the past few months, bitcoin’s returns have declined nearly 40%, while gold’s returns have only fallen roughly 1%. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Markets

Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats

The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.

Close up shot of gold bars

Markets

Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says

They will show resilience even if the central bank curtails its monetary stimulus program.

Federal Reserve Chair Jerome Powell

Markets

Crypto Long & Short: Bitcoin's Taproot Update Shows How It's Not Like Gold

When Bitcoin undergoes a technological shift, it's a test of narratives that underpin the asset's value.

Close up shot of gold bars

Videos

Goldman Sachs Analyst Says Crypto Is an Alternative to Copper, Not Gold

Jeff Currie, Goldman Sachs’ head of commodities research, said Tuesday cryptocurrencies are not a substitute for gold when looking for an inflation hedge, but for copper. He noted that while gold is viewed as a haven asset, both bitcoin and copper behave as “risk-on” inflation hedges. “The Hash” panel digs into the assessment.

CoinDesk placeholder image

Markets

Goldman Sachs Analyst Says Crypto Is an Alternative to Copper, Not Gold

The analyst noted both bitcoin and copper behave as “risk-on” inflation hedges, while gold is viewed as a haven.

Goldman Sachs

Markets

Risk-Off: Sour Sentiment on Wall Street May Have Added to Bitcoin's Plunge

Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.

The hot air has quickly escaped from the bitcoin market.