Gold


Markets

Cryptocurrency Not Proven Safe Haven Says Investor Mark Mobius

"Anything that’s created by man can be broken into . . . and it could create a big crises," investor Marcus Mobius said about blockchain

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Markets

Paxos Launches Gold-Backed Cryptocurrency

A gold-backed asset from Paxos aims to lure gold bugs into the world of cryptocurrency trading.

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Markets

Bitcoin Outshines Gold Amid Risk Aversion in Financial Markets

Bitcoin is outperforming gold amid heightened uncertainty in the markets, though both are no doubt reacting to geo-macro events.

bitcoin, gold

Markets

Fed Chairman Jerome Powell Compares Bitcoin to Gold

Powell compared bitcoin to gold, referring to them both as speculative stores of value.

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Markets

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

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Markets

'Gold Is Superior to Bitcoin,' Say People Who Sell Gold

The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies.

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Markets

Russian Central Bank to Consider Gold-Backed Cryptocurrency

The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.

Elvira Nabiullina, governor of the Bank of Russia.

Markets

Bitcoin-Gold Price Correlation Shows Widest Spread in Over a Year

Correlation isn't causation, but it looks like gold's fall is driving bitcoin prices up.

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Markets

Cryptos 'Not a Substitute' for the Precious Metal, Says World Gold Council

Cryptocurrencies can't match gold on stability and volume, and are not a direct competitor, says the World Gold Council.

gold, bitcoin

Markets

Gold Price May Offer Clues About Next Big Bitcoin Move

Bitcoin traders could get cues from an apparent negative correlation that has developed between bitcoin and gold prices.

bitcoin, gold