Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying. Since January 2024, gold has surged 58% while Bitcoin has fallen roughly 12%. Gold hit a record $4,381 per ounce in October and now trades near $4,216, up nearly 59% year-to-date. Bitcoin,
Gold prices hit their highest level in six weeks as hopes for a US Federal Reserve interest rate cut this month fuelled demand. Meanwhile, silver prices on COMEX hit another record high, surpassing $58 per ounce for the first time ever. Oil prices climbed, fueled by supply worries stemming from various factors. These include the
Gold and silver prices fell on Tuesday as investors booked profits after a surge in the precious metals in the previous sessions. Oil prices eased slightly as concerns over oversupply intensified. Investors also booked profits after prices had hit a near two-week high on Monday. Base metals were largely flat from their previous close, with
Tight supplies have been fuelling the massive surge in silver prices, which has seen the metal rise more than 10% since last Friday. On Wednesday, silver prices on COMEX hit a fresh record high of $59.645 per ounce, as the metal has climbed 100% since the beginning of this year. A silver squeeze in October
Gold prices rose on Wednesday as traders anticipated another interest rate cut by the US Federal Reserve later this month. Silver eased from its record highs of more than $59 per ounce earlier in the day. But prices were still slightly higher than the previous close. Oil prices climbed as Russia said talks with the
Oil prices were steady on Thursday as Ukrainian attacks on Russian oil assets raised concerns over lower supply among investors. Meanwhile, gold prices edged lower with stronger equities limiting safe-haven appeal for the yellow metal. However, prices rebounded and were slightly higher at the time of writing. On the other hand, silver prices fell sharply
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Moore Threads’ blockbuster Shanghai debut has ignited talk of a credible Chinese challenger to Nvidia. The Beijing-based chipmaker has raised roughly ¥8 billion ($1.1 billion) with shares soaring more than 500% on the first day. The massive rally displays that the investors have high confidence about China bridging the technology gap faster than skeptics expect.
Cristiano Ronaldo has entered the artificial intelligence sector through a new stake in Perplexity AI. The move links one of the world’s most recognisable sports figures with a rapidly expanding search company that is positioning itself as a major challenger in the race for more conversational and efficient digital discovery tools. Perplexity announced the partnership
