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Tag: Precious Metals

Precious Metals Shine: Gold Hits Record High, Silver Sees Substantial Gains

April 4, 2024 wp-bot Bitcoin News

The price of gold continues to hit unprecedented highs, with one troy ounce of .999 fine gold now trading at $2,298. Silver is also beginning

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Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce

March 30, 2024 wp-bot Bitcoin News

This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not

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Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’

March 24, 2024 wp-bot Bitcoin News

A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the People’s Bank

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Bank of China Completes First Precious Metal Digital Yuan Settlement

December 22, 2023 wp-bot Bitcoin News

The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized on December

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Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain

December 9, 2023 wp-bot Bitcoin News

Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the

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NASA’s Psyche Mission Could Challenge Gold’s Scarcity With $10 Quintillion Asteroid Haul

November 6, 2023 wp-bot Bitcoin News

Statistical forecasts suggest that the final bitcoin is expected to be mined by the year 2140, over a century from now, with an estimated 1,465,093.73

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