Gold


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Cryptocurrency Not Proven Safe Haven Says Investor Mark Mobius

"Anything that’s created by man can be broken into . . . and it could create a big crises," investor Marcus Mobius said about blockchain

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Paxos Launches Gold-Backed Cryptocurrency

A gold-backed asset from Paxos aims to lure gold bugs into the world of cryptocurrency trading.

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Bitcoin Outshines Gold Amid Risk Aversion in Financial Markets

Bitcoin is outperforming gold amid heightened uncertainty in the markets, though both are no doubt reacting to geo-macro events.

bitcoin, gold

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Fed Chairman Jerome Powell Compares Bitcoin to Gold

Powell compared bitcoin to gold, referring to them both as speculative stores of value.

Gold breaks $3,000 an ounce (shutterstock)

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Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

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'Gold Is Superior to Bitcoin,' Say People Who Sell Gold

The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies.

Gold breaks $3,000 an ounce (shutterstock)

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Russian Central Bank to Consider Gold-Backed Cryptocurrency

The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.

Elvira Nabiullina, governor of the Bank of Russia.

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Bitcoin-Gold Price Correlation Shows Widest Spread in Over a Year

Correlation isn't causation, but it looks like gold's fall is driving bitcoin prices up.

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Cryptos 'Not a Substitute' for the Precious Metal, Says World Gold Council

Cryptocurrencies can't match gold on stability and volume, and are not a direct competitor, says the World Gold Council.

gold, bitcoin

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Gold Price May Offer Clues About Next Big Bitcoin Move

Bitcoin traders could get cues from an apparent negative correlation that has developed between bitcoin and gold prices.

bitcoin, gold