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Nalezeno "1 oz of gold": 1990

Bitcoin Outperforms Gold by Wide Margin After Strong Week


Bitcoin (BTC) finally outperformed gold by a wide margin this week, after a long period where gold has performed significantly better than its digital cousin. The outperformance of gold by bitcoin came during what has been a strong week for the digital currency, which has moved from just over...

Analysts Discuss 'Inherent Resilience' in Bitcoin & Crypto as Rally Fades


Major cryptoassets gave back some of their previous gains in early European trading on Friday after a strong overnight session that briefly sent bitcoin (BTC) above the USD 22,000 mark, helped by improving risk sentiment on Wall Street on Thursday. Despite the losses in early trading, the coin...

Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July


Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...

India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit


In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are fears the import duty hike will spur a resurgence in the smuggling of the commodity. India’s...

Xbox 360 Games Will No Longer Be A Part Of Games With Gold In October


Microsoft announced this week that, starting in October, it will stop providing monthly free Xbox 360 games as part of its Games With Gold program. Emails announcing the news have started going out to Xbox Live subscribers, and Microsoft promises it will continue to give out free Xbox One games...

G7 Inadvertently Makes the Case for Bitcoin with New Gold Move


  The Group of 7 (G7) countries are inadvertently making the case for Bitcoin (BTC), as gold’s shortcomings are becoming more obvious after a new move to ban imports of Russian gold. The move to ban gold imports from Russia was announced by the US, UK, Japan, and Canada during the G-7 meeting...

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold


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 tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy...

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