Gold Tops $4,200 an Ounce in Fresh Record as Safe-Haven Demand Accelerates
Gold prices hit a new all-time high above $4,200 per ounce as investors reacted to deepening U.S.-China trade tensions and rising bets on further Federal Reserve rate cuts.
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Gold prices hit a new all-time high above $4,200 per ounce as investors reacted to deepening U.S.-China trade tensions and rising bets on further Federal Reserve rate cuts.
Binance has unveiled a $400 million ‘Together’ initiative that includes a $300M USDC compensation program and a $100 million institutional support fund, as the exchange moves to restore user confidence after a volatile week for global crypto markets.
Gold hit a record $4,179 per ounce on Tuesday as investors piled into safe-haven assets amid escalating US-China trade tensions and expectations for deeper Federal Reserve rate cuts.
BlackRock’s assets under management climbed to a record $13.46 trillion in the third quarter, driven by $205 billion in inflows, record ETF demand, and rising technology and private market revenues.
Broadcom stock jumped after OpenAI announced a partnership to co-develop 10 gigawatts of custom AI accelerators, expanding the chipmaker’s foothold in next-generation data infrastructure.
Donald Trump is now estimated to hold $870 million in Bitcoin, placing him among the largest individual crypto holders in the U.S.
President Trump announced plans to impose an additional 100% tariff on Chinese imports, triggering an estimated $18 billion sell-off in crypto markets as investors react to renewed trade tensions.
Shayne Coplan becomes the youngest self-made billionaire after ICE, the New York Stock Exchange parent, invests $2 billion in Polymarket.
Spot silver prices surged past $49 per ounce on Wednesday, reaching levels not seen since April 2011 and renewed interest in precious metals markets.
Nvidia will invest as much as $2 billion in xAI’s $20 billion funding round, backing the startup’s purchase and rental of its own GPUs.
ICE, owner of the New York Stock Exchange, is in advanced talks to invest $2 billion in prediction market operator Polymarket, in a move that could validate its U.S. return strategy.
Gold prices surged to a record $4,000 per ounce, driven by renewed demand for safe-haven assets amid global market volatility and interest rate uncertainty.
OpenAI and AMD agreed on a multi-gigawatt GPU deployment that could award OpenAI up to 160 million AMD shares. AMD stock surged while rivals cooled.
Berkshire Hathaway agreed to acquire Occidental Petroleum’s OxyChem division for $9.7 billion in cash, marking Warren Buffett’s largest purchase since 2022.
Gold surged to a record high above $3,800 per ounce Monday as investors rushed into safe haven assets amid fears of a U.S. government shutdown and growing expectations of Federal Reserve rate cuts.