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Nalezeno "gold": 2020

Gold and Bitcoin Surge Exposes Generational Divide – JP Morgan


Both younger and older investors are seeing the case for an alternative to fiat money, but the generations differ when it comes to what that currency should be: bitcoin (BTC) or gold. According to a note by strategists at investment banking giant JPMorgan Chase & Co that was quoted...

India Proposes Amnesty for Citizens Holding Unreported Gold


The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...

Major Chinese Banks Bar Customers From Buying Gold, Precious Metals


Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...

Coinbase Mulls Listing Ampleforth, Paxos Gold, Wrapped Bitcoin & More


US-based major crypto exchange Coinbase said it is exploring an additional list of 19 cryptoassets that might be offered to their clients in an unspecified future. These assets include: Ampleforth (AMPL) Band Protocol (BAND) Balancer (BAL) Blockstack (STX) Curve Fetch.ai (FET) Flexacoin...

Bitcoin to Gold Correlation Rises, Physical Metal Buyers Pay Premium


After seeing a decline for more than 3 months, the correlation between bitcoin (BTC) and gold is once again on the rise, with the sharpest increase seen in late July as gold, silver, and bitcoin have all soared higher in price. At the same time, investors are forced to pay premium over the spot...

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