Search results for "GOLD"
Today
02:11

Singapore's first gold ETF is listed, with the gold price falling from $5,400 to $4,100.

Singapore Exchange listed its first locally-tracked gold ETF on March 26, LionGlobal Physical Gold ETF, with underlying gold purity of no less than 99.5%. This move echoes Hong Kong's gold layout, but current gold prices are under pressure and declining. Analysts point out that due to rising energy prices and inflation expectations, market focus has shifted to inflation and interest rates.
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14:03

Gold and Silver Rise Over 2% Intraday, BTC and ETH Volatility Indices Both Drop Over 3%

According to Gate News, on March 25, gold and silver prices rose to $4,566.21 per ounce and $72.860 per ounce, respectively. The volatility indices for Bitcoin and Ethereum declined slightly. In foreign exchange, the US dollar appreciated marginally against the Chinese yuan and Japanese yen. European stock indices generally rose, while WTI and Brent crude oil prices declined slightly. The Gate platform has integrated multiple financial products, facilitating users' global asset trading.
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BTC-1,57%
14:00

A Certain CEX Platform's XAUT Perpetual Contracts Daily Trading Volume Reaches $6.4 Billion, Setting New High

Gate News: On March 25th, according to data released by CryptoQuant on the X platform, a certain CEX's gold token XAUT perpetual contract achieved a single-day trading volume of 6.4 billion dollars, hitting a new all-time high. Additionally, XAUT perpetual contract has become the fifth-largest perpetual contract trading pair on the platform by trading volume.
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XAUT-2,37%
12:31

Bloomberg Analyst: IBIT Achieves Positive Net Inflows Year-to-Date, BTC Investors More Resilient Than Gold Investors

Bloomberg analyst Eric Balchunas stated that Bitcoin spot ETFs saw net inflows of $2.5 billion this month, with BlackRock's IBIT product turning positive in net inflows, demonstrating strong ETF capital resilience. Despite a 40% decline in Bitcoin's price, investors' willingness to hold remains significantly higher than that of gold investors a decade ago.
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BTC-1,57%
12:22

Turkey May Be Forced to Use Gold Reserves to Stabilize Exchange Rate as Foreign Currency Reserves Depleted by Approximately $30 Billion in 3 Weeks

Due to Middle East tensions, Turkey's foreign exchange reserves have declined rapidly, with the central bank having deployed approximately $30 billion in market interventions. Analysts worry it may be forced to sell gold reserves to maintain liquidity. Rising international oil prices have exacerbated current account deficits and inflation pressures, leaving Turkey facing risks of currency depreciation and rate hikes.
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12:09

Turkey Depletes Approximately $30 Billion in Foreign Reserves Over Three Weeks, May Mobilize Gold Reserves to Stabilize Exchange Rate

Due to deteriorating Middle East tensions, Turkey's foreign exchange reserves are declining rapidly, triggering market concerns about exchange rate stability. The central bank has deployed $30 billion to support the lira and may replenish liquidity through gold reserve sales. Rising international oil prices have exacerbated inflation and trade deficits, leaving Turkey facing pressure for currency depreciation and interest rate increases.
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