By Ashitha Shivaprasad and Kavya Balaraman Jan 26 (Reuters) – Analysts expect spot gold prices, which hit a record high above $5,000 an ounce on Monday, to climb further towards $6,000 this year on rising global tensions as well as strong central bank and retail demand. Gold reached a peak of $5,092.70 as geopolitical and … Read more
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Brazil’s central bank just tightened the screws on cryptocurrency trading with new regulations that could reshape how millions of Latin Americans use digital assets—particularly stablecoins that have become a popular solution to traditional banking systems. The long-awaited rules, … Read more
Gold futures (GC=F) settled near $4,240 an ounce on Friday, closing a fourth straight month of gains and bringing the yellow metal back within shouting distance of its record high on expectations of a December rate cut. Dovish commentary from Federal Reserve officials raised the odds that policymakers will decide to cut interest rates by … Read more