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Tag: Ounce of Gold

Understanding Commodities in Today’s Economy

Forex
Commodities, the backbone of the global economy, have long been overshadowed by the dazzling performance of equities and fixed-income markets. The 2010s, in particular,...

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What are the best strategies for trading gold?

Forex
Buying and selling gold has always been a great business opportunity. Gold is a safe haven asset, and in unstable economic times, many investors...

Gold Pegged Tokens: The Future of Gold?

Blockchain
Bitcoin, the cryptocurrency flagship, is often referred to as “digital gold” to indicate its utility as a store of value. However, rapid price swings...

Tether Unveils XAUT: Tokenized Gold Standard for the Digital Era – Investor Bites

Blockchain
SNEAK PEEK XAUT represents one ounce of physical gold stored in Switzerland and has gained a market cap of around $500 million. Global exchanges...

XAU/USD Drops as US Economic Resilience and High Bond Yields Impact Gold Prices: A Gold Price Forecast

Zephyrnet
The XAU/USD, also known as the gold price, has been on a downward trend in recent weeks. This is due to a combination of...

Cryptocurrency Regulatory and Legislative Analysis #9

Blockchain
Cryptocurrency Regulatory and Legislative Analysis #9May 4, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALThe IMF publishes a report on CBDC capacity development On April 11,...

Texas lawmakers propose a gold-backed state digital currency

Blockchain
Two Texas lawmakers have introduced identical bills for creating a state-based digital currency backed by gold, a move that comes despite objections from several...

Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

Blockchain
Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could...

Gold Price Forecast: New interest rate concerns weigh on XAU/USD – Commerzbank

Forex
Share: The correction of the Gold price has been pronounced. In the opinion of strategists at Commerzbank, investors on the Gold market...

Bitcoin At $1,000: Looking Back At Nine Years Of Bull Run

Blockchain
If the first part of the above headline about Bitcoin price had your heart pumping, it might be time to reduce the amount of...

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

Blockchain
While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric...

Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums

Blockchain

tokenized-gold-market-caps-grew-significantly-last-month-as-fresh-demand-drives-premiums

While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. PAXG…

The post Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums appeared first on Bitcoin News Miner.

Bitcoin HODLers, This is When BTC Price Will Hit 7-Digit Target! Buy The Dip Now !

Blockchain
Bitcoin realities

The post Bitcoin HODLers, This is When BTC Price Will Hit 7-Digit Target! Buy The Dip Now ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin is still consolidating around the $38K-$42K zone, with bulls attempting to push the price higher following the FED’s announcement of a 0.5 percent interest rate hike. Bitcoin’s price began to rise again above the $40,000 resistance level, testing $41,450. It is currently reversing gains near $41,000, but it might possibly continue to increase towards …

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