Back in February, Switzerland exported gold to mainland China for the first time since September. Shipments also flowed into India and Thailand, which hit multi-year highs. This resurgence in demand seems to suggest that Asian gold demand is on the rise. Perhaps these markets are on the mend from the […]
We have long grown accustomed to seeing gold at levels above $1,700 for the past year. As soon as COVID hit, the gold spot price fell to just under $1,500 per oz. However, it hit an all-time high in August, and then steadily declined until February and March of this […]
Gold Spot Price vs Bitcoin Price Last week, the gold spot price paled in comparison to the price of Bitcoin. The main factor that contributed to Bitcoin’s historic rise was that investors no longer trust political leaders with their monetary and fiscal policies. Owing to the US government’s continuous printing […]
On the US Front, unemployment is down per expected levels on the latest job report. However, inflation is being noticed at the “very foundation of the economic ladder” on top of a weakening US Dollar. The Fed promises to keep rates down despite inflation signals. This is very bullish for […]
The price of gold today continues to slump in the wake of Bitcoin’s rally, further COVID-19 vaccine news, and more. Although some see this as the end of gold’s rally, not everyone is so quick to say it’s over. So, the stock market is up today in hopes of the […]
