Tag Archives: Gold

Gold Beans All the Rage With China’s Gen Z as Deflation Bites

Gold Beans All the Rage With China’s Gen Z as Deflation Bites

(Bloomberg) — With China’s deflation at its worst in 15 years, a volatile stock market and bank interest rates too low for her liking, 18-year-old Tina Hong is placing her financial security in gold beans. Most Read from Bloomberg Weighing as little as one gram, the beans — and other forms of gold jewelry — are increasingly viewed as the safest investment bet for young Chinese in an era of economic uncertainty. It’s part of a larger consumer trend for all things gold — from bullion… Source link

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Concacaf W Gold Cup final: How to watch the USWNT vs. Brazil match tonight

Concacaf W Gold Cup final: How to watch the USWNT vs. Brazil match tonight

Jaedyn Shaw, Alex Morgan, Sam Coffey, Jenna Nighswonger and the rest of the USWNT will face Brazil in the W Gold Cup final tonight. (Brad Smith/ISI Photos/USSF/Getty Images for USSF) After Alyssa Naeher and Sophia Smith’s efforts secured the U.S. women’s national team’s 3-1 victory over Canada, the USWNT has just one game left between them and the W Gold Cup trophy: USWNT vs. Brazil in the Concacaf W Gold Cup final — which kicks off tonight at 7:15 p.m. on Paramount+. The battle to be the… Source link

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Concacaf W Gold Cup final: How to watch the USWNT vs. Brazil match tonight

Concacaf W Gold Cup final: How to watch the USWNT vs. Brazil match tonight

Jaedyn Shaw, Alex Morgan, Sam Coffey, Jenna Nighswonger and the rest of the USWNT will face Brazil in the W Gold Cup final tonight. (Brad Smith/ISI Photos/USSF/Getty Images for USSF) After Alyssa Naeher and Sophia Smith’s efforts secured the U.S. women’s national team’s 3-1 victory over Canada, the USWNT has just one game left between them and the W Gold Cup trophy: USWNT vs. Brazil in the Concacaf W Gold Cup final — which kicks off tonight at 7:15 p.m. on Paramount+. The battle to be the… Source link

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Gold rallies amid a ‘perfect storm,’ expectation Fed will cut rates

Gold rallies amid a ‘perfect storm,’ expectation Fed will cut rates

Gold hit new highs on Tuesday as investors continue to bet that major central banks will start cutting interest rates this year. On Tuesday morning gold futures (GC=F) reached a high of $2,150.50 after April contracts settled at a record $2,126.30 per ounce in the prior session. Tuesday’s intraday spot gold touched a record of $2,141.79 per ounce before paring back gains. The precious metal is considered a safe haven during times of geopolitical tensions and when interest rates decrease. While… Source link

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Tesla, BlackRock, gold prices: Trending tickers

Tesla, BlackRock, gold prices: Trending tickers

Tesla (TSLA) shares closed lower following a Reuters report that the company is shutting down most production at its Berlin factory due disruptions in the Red Sea. BlackRock (BLK) is buying Global Infrastructure Partners in a $12.5 billion deal. It comes on the same day the asset management firm reported fourth quarter earnings that topped Wall Street estimates. the firm now as $10 trillion in assets under management. Gold (GC=F) prices rose thanks to investors seeking safety as tensions in… Source link

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How the US Toppled the World’s Most Powerful Gold Trader

How the US Toppled the World’s Most Powerful Gold Trader

(Bloomberg) — In December 2018, a man in his early 30s was intercepted on arrival at Fort Lauderdale airport and taken to a room where two FBI agents sat waiting. Most Read from Bloomberg The target was scared and already on high alert — one of his associates had recently admitted to crimes he knew he’d also committed. Christian Trunz wasn’t a terrorist or a drug trafficker, but a mid-level trader of precious metals returning from his honeymoon. Crucially: he was also a longstanding… Source link

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