Search results for "GOLD"
20:20

Spot gold hits a two-week high

Golden Finance reports that Spot gold has broken above $3390/ounce, reaching a two-week high, with a rise of 0.73% during the day.
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00:24

Trump dismisses board member Cook, Fed's independence is hit again

Jin10 data reported on August 26th that U.S. President Trump signed an executive order to dismiss Federal Reserve Board of Governors member Cook, causing the dollar to fall due to further sustained pressure on the independence of the Fed. In the forex market, non-dollar currencies surged against the dollar, and at the same time, gold prices soared. Trump is doing everything he can to push the Fed to cut interest rates. If he successfully fires Cook, he will try to replace Cook with a "yes man" who will obey Trump's commands. If Trump's move is indeed successful, it would also allow the governors nominated by Trump to hold a majority position on the Federal Reserve Board.
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TRUMP4.68%
00:51

Gate Daily (August 25): The Federal Reserve (FED) unexpectedly releases a "dovish" signal; Ethereum gaming network sues Musk; Telegram founder criticizes the French government.

Bitcoin (BTC) continued to pull back over the weekend, temporarily reported around $112,700 on August 25. The Federal Reserve Chairman Powell unexpectedly released signals from "various factions," leading investors to believe that a rate cut in September is a done deal, boosting U.S. stocks, bonds, and gold prices. Ethereum gaming network Xai has sued Musk's xAI for trademark infringement. Telegram founder Pavel Durov criticized the French government's investigation into his misconduct for lacking concrete evidence.
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ETH4.73%
14:16

Spot gold surged significantly by 14 USD, reported at 3,350.13 USD.

According to ChainCatcher news and Jin10 reports, Spot gold has surged significantly by 14 USD in the short-term, currently reported at 3,350.13 USD. Meanwhile, the DXY dollar index has sharply declined by 50 points in the short-term, currently reported at 98.26.
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08:00

Gate launches the VIP financial summer event, with a chance to win up to 50 grams of gold and music festival tickets.

Gate News bot news, according to the Gate platform announcement on August 21, 2025: Gate announces the launch of the "VIP Wealth Management Summer Carnival" Phase 4 event, which will take place from August 21 at 16:00 to September 4 at 16:00 (UTC+8). Participating users must complete the USDT net recharge and new holding tasks of Yubi Treasure within 30 days after registration. According to the announcement, the event has set multiple reward levels, with a maximum reward of 50g AU9999 gold. In addition, users who complete USDT spot or fixed-term subscriptions also have the chance to win tickets to the Singapore Token of Love music festival, a total of 10 tickets. The activity rewards will be distributed based on the net recharge amount and the average newly added holding amount in the Yubi Treasure of users within 30 days after registration. Eligible users will receive their rewards within 14 working days after meeting the distribution criteria.
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TOKEN6.92%
LOVE7.64%
21:21

Bitwise predicts that Bitcoin will have an average annual rise of 28% over the next ten years, potentially reaching $1.4 million by 2035.

Golden Finance reports that Matt Hougan, Chief Investment Officer of asset management company Bitwise, predicts that Bitcoin will achieve an average annual compound growth rate of approximately 28.3% over the next decade, rising from about $113,000 to $1.4 million in 2035, with a total market capitalization potentially reaching $28 trillion, surpassing the U.S. Treasury market and exceeding the market capitalization of gold.
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BTC1.09%
12:50

Analyst: The movement of the dollar is the catalyst for gold to break through the current range.

Jin10 data reported on August 20th, gold futures rose, reversing the decline from the previous trading day. David Morrison from Trade Nation noted in the report that gold has maintained a range fluctuation for about the past 10 weeks. Traders may be closely following the dollar's movements, as significant changes in the dollar could serve as a catalyst for gold to break through the current range. A weaker dollar makes gold, priced in dollars, cheaper for international buyers, while also weakening the competition between the dollar and gold in terms of safe-haven attributes, thereby increasing the demand for gold. Morrison stated that factors that could trigger dollar fluctuations include the Fed meeting minutes to be released on Wednesday, and more likely Powell's speech on Friday at Jackson Hole.
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06:36

Yili Hua: The cryptocurrency industry will still be the biggest opportunity for ordinary people in the next ten years.

BlockBeats news, on August 15, Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted on the X platform stating: "The past decade has been the greatest opportunity for ordinary people in the encryption industry, and the next decade will still be the same. Do not mislead long-term trends with short-term thinking. I come from a rural background, and both my parents are illiterate. After making my first pot of gold in entrepreneurship, I invested in tech companies while going all in on the encryption industry. Looking back in 2015, those were not reliable decisions, but now they have proven to be correct (along the way, I also paid huge tuition fees for investments/trading/management). Only by being bullish in the long term can one achieve exponential growth and reap rewards."
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15:58

Institution: The strengthening of the US dollar has led to further falls in gold futures.

Due to stronger than expected U.S. inflation data, traders have lowered their interest rate cut expectations, leading to a continued drop in gold prices. The July PPI unexpectedly rose to 3.3% year-on-year, raising market concerns as investors follow retail sales and consumer confidence data. At the same time, the uncertainty around U.S. trade negotiations and the meeting between Trump and Putin provides safe-haven support for gold.
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TRUMP4.68%
12:21

U.S. Treasury Secretary Basant: It is unlikely that we will reassess the United States' gold reserve Holdings.

PANews August 14 news, according to Jin10 report, U.S. Treasury Secretary Besant: We are unlikely to reassess the United States' gold reserves holdings. The value of Bitcoin reserves is approximately $15 billion to $20 billion, and we will stop selling Bitcoin holdings. Gold will be retained as a store of value. He also stated that he did not call for the Federal Reserve to lower interest rates to 1.5%. It may begin with a 25 basis point rate cut and accelerate, believing there is a range of room for rate cuts. In addition, all options for selling Fannie Mae and Freddie Mac equity are being explored.
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BTC1.09%
08:03

Analyst: Market risk sentiment improves, gold futures prices fall.

On August 14, Jin10 Data reported that as market risk sentiment improved, gold futures prices fell. Analysts at Sukdon Financial Group stated in their report that despite the decline in U.S. Treasury yields and market expectations for a rate cut in September, gold trading has recently remained in a state of range fluctuation. The company noted that the latest U.S. consumer price index data showed that inflation remained flat compared to the previous month, reinforcing market expectations for a 25 basis point rate cut in September, which has now been fully priced in. Meanwhile, the U.S. stock market is performing well as investors shift towards risk assets, leading to a decrease in gold's safe-haven demand. Analysts wrote that gold has been in a narrow range fluctuation since April, and a clear breakout from this range seems to require stronger and more sustained dovish signals.
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14:10

Cathie Wood: Maintains Bitcoin target price of over $1 million within five years

PANews August 12 news, according to CoinDesk, ARK Invest CEO Cathie Wood stated that ARK's bullish expectation for Bitcoin remains well above $1 million over the next five years. Wood noted that Bitcoin has become the primary gateway for institutions entering the digital asset space, gradually replacing gold as a store of value. She emphasized that ARK has made no changes to this view.
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BTC1.09%
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06:44

Miners point out that the upside risk for gold prices still outweighs the downside risk.

Jin10 data reported on August 12th, in recent days, news regarding the potential imposition of tariffs by the U.S. government on imported gold bars has triggered severe fluctuations in international gold prices. After a significant rise in New York gold futures on the 8th, they fell by 2.48% on the 11th, nearly erasing all gains made last week. After U.S. President Trump stated on the 11th that there would be no tariffs on imported gold, some miners pointed out that the upward risk for gold prices remains greater than the downward risk in the future.
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06:08

Matrixport launches XAUm+BTC Auto-Invest feature

Matrixport announced the launch of the XAUm+BTC Auto-Invest feature to meet users' flexible trading needs. This feature supports custom cycles, investment amounts, and limit prices. XAUm is the gold token issued by the group's tokenization platform, and holders can perform various trading and financial operations within the APP.
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BTC1.09%
01:41

CTG (City Tycoon Games) rose 92.19% in the last 24 hours.

Gate News Bot message, August 12, according to CoinMarketCap, as of the time of writing, CTG (City Tycoon Games) is currently priced at 0.00233257 USD, with a rise of 92.19% in the last 24 hours, reaching a high of 0.00298025 USD and a low of 0.00112415 USD. The current market capitalization is approximately 23,000 USD, an increase of 11,200 USD compared to yesterday. City Tycoon Games is a blockchain-based city building simulation game. Players can choose from different hero characters, each with special abilities, such as increasing gold acquisition per hour and raising the health limit for all characters. The game includes various buildings, such as news agencies, hospitals, and cafes, each with unique functions. Game features include monopoly and construction.
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CTG2.23%
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23:11

The spread between spot and futures prices has widened; institutions say the medium-term trend of gold prices remains upward.

Jin10 data reported on August 12, recently, international gold prices have once again become the focus of global investors. Affected by macro environment, policy expectations and other factors, COMEX gold futures prices have repeatedly hit new highs, while London gold spot prices have fluctuated at high levels, with a significant widening of the futures-spot price gap. Industry insiders say that the mid-term gold price trend still depends on the macro economy and policy environment, and may maintain an upward trend after short-term adjustments. (China Securities Journal)
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17:38

Trump: Gold will not be taxed

Odaily News Trump posted on Truth Social that gold will not be taxed. As a result, gold has risen above 3350 USD/ounce, with an intraday increase of 1.32%.
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TRUMP4.68%
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12:25

Harvard University's Bitcoin Spot ETF Holdings surpass gold

Odaily News According to SEC Form 13-F, as of the end of the second quarter, Harvard Management Company (HMC) held nearly $116 million in BlackRock iShares Bitcoin Trust (IBIT), accounting for about 8% of its disclosed U.S. listed assets, surpassing its holdings in SPDR Gold Trust (approximately $102 million) during the same period. This allocation indicates that Bitcoin has surpassed gold in Harvard's $50 billion endowment fund, becoming a strategic asset alongside Blue-Chip Stocks. (Capedge)
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BTC1.09%
18:31

Night trading market maker contracts closed

As of 2:30 PM close, the Shanghai gold market maker contract rose by 0.12%, reported at 787 yuan/gram, the Shanghai silver market maker contract rose by 0.02%, reported at 9279 yuan/kilogram, and the SC crude oil market maker contract fell by 0.40%, reported at 494 yuan/barrel.
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SC2.63%
13:33

Block CFO: BTC can become an open protocol that drives the internet.

Block CFO Amrita Ahuja stated that Bitcoin has the potential to become an open protocol for the internet, driving speed and efficiency. The company plans to allocate 10% of its gross profit each month to purchase Bitcoin, believing that it is not only digital gold but also has the potential for development as a currency.
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BTC1.09%
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07:15

10x Research: BTC and ETH are approaching key breakout levels, and the trend may accelerate.

Odaily News On August 7, Bitcoin dipped to $111,643 but quickly rebounded to $117,000, reaching the key breakout level retest target mentioned in previous reports, reigniting trading interest. The current market faces challenges such as volatility compression, seasonal weakness, and insufficient macro drivers. Trump's recent push for 401(k) investments in encryption and increased attention on gold may bring about a change in sentiment. The number of active Ethereum addresses has reached a new high, with prices rising, but it relies more on narrative-driven factors. Both are at critical technical junctures, and may face either a higher trade volumes breakout or a rapid pullback.
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BTC1.09%
ETH4.73%
06:07

Matrixport launches the gold token XAUm fixed income product, with a 7-day APY of up to 3%.

Odaily News Matrixport announced the official launch of the XAUm fixed income product, supporting a wide range of investment periods from 7 to 365 days. Currently, the APY of the XAUm 7-day fixed income product reaches up to 3%, far exceeding the investment returns of traditional institutional gold. Matrixport's fixed income products now cover 15 mainstream assets including BTC, ETH, SOL, BNB, and USDT. Matrixport continues to enrich the application scenarios of XAUm, and currently XAUm holders can easily perform XAUm Mint, Swap, and XAUm collateral lending within the Matrixport APP. With the launch of the XAUm fixed income product, Matrixport has expanded the financial use cases of the gold token XAUm in centralized institutions, simplifying X
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05:51

SBI Holdings applied in Japan to launch an ETF investing in XRP and Bitcoin.

Odaily News According to Be in crypto, Japanese Financial Service company SBI Holdings has submitted applications for two cryptocurrency-related exchange-traded funds (ETFs). The first fund is a Crypto Assets ETF that will directly invest in XRP and Bitcoin; the second fund is a Digital Gold Crypto ETF that will combine gold-backed securities and digital money, with over 50% of the funds allocated to gold ETFs.
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XRP5.89%
BTC1.09%
11:26

Bloomberg analysts: The annualized volatility ratio of Bitcoin relative to gold has dropped to a historic low.

BlockBeats reported that on August 4, Mike McGlone, a senior commodity strategist at Bloomberg Industry Research, stated on social media that as of August 1, the annualized volatility ratio of Bitcoin to gold has fallen to a historic low of 2.2 times, a trend that may favor gold's performance. Since 2021, this much-hyped emerging crypto asset has achieved returns similar to gold, but its average risk is more than three times that of traditional value-preserving assets—this may be an unsettling signal for digital assets.
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BTC1.09%
13:37

Bitcoin Outperforms Traditional Assets in July Performance Comparison

Gate News bot message, Bitcoin demonstrated superior performance against traditional assets in July 2025, recording returns that exceeded both S&P 500 and gold by more than threefold. The cryptocurrency's strong showing coincided with positive legislative developments during the month.
BTC1.09%
06:26

World Gold Council: Global official gold reserves increased by a total of 166 tons in the second quarter.

On July 31, Jin10 reported that the World Gold Council stated that Central Banks remain an important pillar of global gold demand, with global official gold reserves increasing by a total of 166 tons in the second quarter. Although the pace of gold purchases has slowed, the outlook for Central Bank gold demand remains optimistic. The demand for gold jewelry and consumption value continue to show a divergent trend: in most regions, the demand for gold jewelry tonnage has decreased year-on-year, with a sluggish performance almost retreating to the levels seen during the pandemic in 2020; however, the consumption value of gold jewelry has generally increased.
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06:26

World Gold Council: Investment in gold bars and coins in the first half of the year set the highest record since 2013.

Jin10 data reported on July 31, the World Gold Council stated that, driven by the dual attraction of rising gold prices and the safe-haven attributes of gold, both bar and coin investors are getting on board. This zone has also performed excellently for two consecutive quarters, helping to push bar and coin investment in the first half of 2025 to the highest level since 2013.
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06:25

World Gold Council: Total gold demand soared to a new record of $132 billion in the second quarter.

On July 31, Jin10 reported that the World Gold Council stated that global gold demand (including OTC Trading investment) is expected to rise by 3% year-on-year to 1,249 tons in the second quarter of 2025. In value terms, global gold demand has surged by 45% year-on-year, reaching 132 billion USD. Global gold ETFs have maintained strong demand for two consecutive quarters, which is a key factor driving overall demand growth in the second quarter. Uncertainty in global trade policies remains, and geopolitical turmoil is intensifying, combined with the pump in gold prices, which collectively drives inflows into gold ETFs.
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06:29

UK listed company Hamak Gold has purchased 20 Bitcoins for the first time and reached a cooperation agreement with Archax.

PANews July 30 news, the UK listed company Hamak Gold announced its first purchase of 20 Bitcoins, with an average purchase price of £88,569, totaling approximately £1.7714 million, as part of its capital allocation and asset-liability optimization strategy. At the same time, the company has established a strategic partnership with the FCA-regulated digital asset platform Archax to jointly promote its Bitcoin vault strategy.
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BTC1.09%
03:57

The report predicts that the long-term potential price of a single ETH could reach as high as $706,000.

Odaily News ethdigitaloil.com research report shows that considering the comprehensive factors such as oil, gold, and global currency market capitalization, the market capitalization of ETH may reach 850 trillion dollars, and the expected future price of a single ETH will reach 706,000 dollars. Previously, ETH reserve-listed company Bitmine officially stated on the X platform that it invited multiple research institutions to assess the "reset value" of Ethereum (Wall Street valuation), estimating the value to be 60,000 dollars.
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ETH4.73%
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03:15

The Indian stock market shows signs of pressure, and investors are turning their attention to gold.

Jin10 data reported on July 28th, as signs of pressure emerge in the Indian stock market, some investors are turning their attention to gold for stability. Yes Securities remains optimistic about gold, citing the uncertainty surrounding U.S. tariffs and the steady demand from Central Banks and gold ETFs. Their prediction is that gold prices will reach between $3600 and $3800 per ounce by the end of the year, which also indicates that not all funds are chasing growth assets.
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