Cathie Wood Calls Gold Top as Markets Drain $9 Trillion Across Assets

Cathie Wood Calls Gold Top as Markets Drain  Trillion Across Assets

Cathie Wood is sounding the alarm about gold as global markets experience one of the most violent swings between assets in recent years. As equities, precious metals and futures markets rallied within hours, the founder of ARK Invest argued that gold’s latest rally has the hallmarks of a late-cycle bubble—one now struggling with leverage, crowded … Read more

Bitcoin price slides as gold rallies on weaker dollar

Bitcoin price slides as gold rallies on weaker dollar

The price of bitcoin fell by around 1% over the past 24 hours, trading close to the $88,000 (£63,690) mark, as markets digested the US Federal Reserve’s decision to keep interest rates steady at Wednesday’s Federal Open Market Committee (FOMC) meeting. Read more: London rises as traders digest mixed US earnings and Fed rate hike … Read more