2021-12-5 14:00 |
Gold prices are up 20% from their March 2020 lows, a far cry from the more than 100% rally in stocks or copper.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Digital gold, for now, is a long shot. Since its conception, Bitcoin has longed to overtake the premier store-of-value of the modern financial gold, its traditional and tangible equivalent, gold.
2019-12-13 23:30 | |
|
|
| Analogue Notcoin - TapSwap |
Copper prices have been charting their own course, decoupling from declines in aluminum, steel, lithium and cobalt due to two key factors.
The yen has tumbled to multi-decade lows against the U.S. dollar following Japan's exit from negative interest rates.
Ample inventories, weak demand from top consumer China and booming U.S. production are keeping crude oil prices hovering around $80 per barrel.
Gold prices have been setting record highs in recent weeks despite easing expectations on the number of rate cuts this year.
Japan ended its eight-year experiment with negative rates by raising borrowing costs for the first time in 17 years.
Japan's first rate hike in 17 years ends its eight-year experiment with negative rates, rallying the stock market while weighing on the yen.
Is the U.S. economy adding new jobs or shedding them? Both can be true depending on which government data set you are looking at.