News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Gold ETFs drew largest weekly inflow since March 2022, says WGC

Physically backed gold exchange-traded funds (ETFs) registered the largest weekly inflow since March 2022 last week, data by the World Gold Council (WGC) showed on Monday. Gold ETFs store bullion for investors and account for a significant amount of investment demand for the precious metal, which hit a record high of $2,956.15 per troy ounce on Monday. The surge in gold ETF inflows suggests increasing investor confidence in the metal's value proposition.

See Also

Gold Steadies as Investors Fret Over the Global Economic Outlook Δ1.86

Gold steadied near $2,910 an ounce after gaining almost 2% last week, driven by investor anxiety about the disruption caused by the Trump administration's trade policies and signs of sustained central-bank buying. The precious metal has surged in the opening quarter of 2025, hitting successive records and gaining every week apart from one, as investors seek safe-haven assets amid rising economic uncertainties. Bullion-backed exchange-traded funds have been attracting inflows for the past six weeks to reach the highest level since December 2023.

Gold Sees Surge in 2025 as Market Uncertainty and Geopolitics Driving Demand Δ1.82

Gold had a standout year in 2024, with investors adding to their gold holdings and central banks buying up the metal, despite slowing consumer demand. Rising market uncertainty and geopolitical tensions have made gold a safe-haven asset, driving its price higher. Analysts predict that gold prices could rise further in 2025, driven by optimistic investor sentiment.

Gold Steadies as Firm Dollar Offsets Safe-Haven Demand Δ1.82

Gold steadied on Monday as a stronger U.S. dollar countered safe-haven demand amid trade war concerns, while investors looked to inflation data this week for clues on the Federal Reserve's next interest rate decision. Spot gold was at $2,913.09 an ounce at 0946 GMT, while U.S. gold futures firmed 0.2% to $2,920.10. The dollar index held above last week's four-month low, making gold more expensive for holders of other currencies.

Gold Prices Dip on Profit-Taking, US Data in Focus Δ1.82

Gold prices declined about 1% on Thursday as investors took profits following a three-day rally, with markets now eyeing U.S. jobs data on Friday for clues on the Federal Reserve's rate path amidst rising global trade worries. Spot gold has gained over 10% so far this year, hitting a record high of $2,956.15 on February 24. Investors are turning to gold as a safe-haven asset when faced with geopolitical and economic uncertainties.

Gold Prices Rebound as Trump Tariff Deadline Approaches. Δ1.82

Gold rebounded after its worst week of the year as investors weighed the potential impact of Trump tariffs, with gold futures gaining more than 1.5% on Monday to hover below $2,900. The precious metal's recent move higher comes as President Donald Trump's latest tariff deadline approaches at the end of Monday, with potential new duties starting Tuesday morning on America's top three trading partners. Strategists attribute much of the rally to continued central bank buying and uncertainty over US tariffs.

Gold Shines Bright as Biggest Jewelry Market Boosts Options Bets Δ1.82

The world's largest jewelry market in India is driving a surge in gold bets through options on gold futures, with traders and investors seeking to hedge physical holdings or speculate on price movements. The recent record-breaking prices of gold have made options trading more appealing than traditional futures contracts, which are typically cheaper but offer less flexibility. As the Indian market continues to drive demand for gold, analysts are predicting a bullish outlook for the precious metal.

China's Central Bank Ups Gold Reserves for Fourth Straight Month in February Δ1.81

China's gold reserves rose to 73.61 million fine troy ounces at the end of February from 73.45 million at the end of January, as the central bank kept buying the precious metal for a fourth straight month, further fueling investor sentiment and supporting the gold price amid rising geopolitical uncertainty and trade tensions with the US. The PBOC's continued purchases are seen as a key factor in underpinning gold prices, but also pose questions about the sustainability of such policies. Central banks' gold buying has been instrumental in driving gold prices up over the past two years.

Gold Prices Soar as Trade War Escalation Boosts Demand for Safe-Haven Assets Δ1.81

Gold prices rose significantly after President Donald Trump announced sweeping tariffs on Canada and Mexico, prompting swift retaliatory measures from these countries and China. The escalation of the trade war has led to a surge in demand for safe-haven assets like gold, which climbed above $2,915 an ounce as Beijing imposed 15% duties on some American farm goods. Geopolitical tensions have also fueled investor concerns about economic instability.

Gold Heads for Weekly Gain on Safe-Haven Demand, Slow US Job Growth Δ1.81

Gold prices are on track for a weekly gain driven by safe-haven demand amid a disappointing U.S. jobs report that indicates slower job growth than anticipated. The report revealed a rise of 151,000 jobs in February, falling short of the expected 160,000, which coupled with a weaker dollar, has bolstered gold's appeal as a safe investment. Despite a slight decline in prices on Friday, the overall market sentiment remains supportive of gold, with expectations of potential Federal Reserve interest rate cuts later this year.

BITCOIN ETFs Snap Eight-Day $3.2B Outflow Streak With $94.3M Inflows Δ1.80

The inflows come amid a slight market recovery as BTC rebounds from its monthly low, over growing pro-crypto stance from the Trump administration. Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw a sudden turnaround after eight days of outflows, with investors pulling $94.3 million into these funds on February 28. The largest spot bitcoin ETF, BlackRock's iShares Bitcoin Trust, was one of the outliers that saw significant outflows, while other large ETFs like Fidelity's FBTC brought in substantial inflows.

Gold Firms on Weaker Dollar, Ukraine Peace Uncertainty Δ1.80

Gold prices edged up on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fuelled safe-haven demand for the metal. Spot gold added 0.1% to $2,860.25 an ounce by 0750 GMT, while U.S. gold futures rose 0.8%. The dollar index fell 0.3% from a more than two-week high hit in the previous session.

Gold Takes a Breather as Focus Turns to US Jobs Data Δ1.80

Gold prices dipped slightly as investors adopted a cautious stance ahead of the upcoming U.S. payrolls data release, despite a weaker dollar providing some support. Spot gold fell 0.1% to $2,913.79 an ounce, reflecting a broader trend of investors waiting for clearer signals before making substantial moves in the market. The upcoming jobs report, coupled with ongoing trade war concerns, continues to keep gold prices elevated, maintaining interest in the safe-haven asset.

Gold Prices Soar Amid Trump Tariffs Concerns Δ1.79

Gold prices have risen after a sharp correction, as investors weigh the economic outlook amid US President Donald Trump's plans to implement import levies against key trade partners. The precious metal's value is boosted by concerns over a potentially cooling US economy and the implications of Trump's tariffs on inflation. As the Federal Reserve considers rate cuts in response to economic uncertainty, gold's haven status is reinforced.

Gold Eases as Investors Exercise Caution on Trump Tariffs. Δ1.78

Gold prices experienced a slight decline as investors anticipated the economic repercussions of newly imposed tariffs by U.S. President Donald Trump on Canada, Mexico, and China. The introduction of these tariffs has created uncertainty in global trade relations, contributing to fluctuations in gold prices while simultaneously driving safe-haven investment in bullion. Market analysts predict that the ongoing trade conflicts and inflation concerns may influence the Federal Reserve's monetary policy, affecting gold's appeal as a non-yielding asset.

TRIPLE FLAG PRECIOUS METALS CORP. (TFPM) Rises to Prominence as Top Junior Silver Mining Stock to Buy According to Analysts Δ1.76

Triple Flag Precious Metals Corp. (NYSE:TFPM) stands out among other junior silver mining stocks due to its significant exposure to silver exploration and production, strong market capitalization, and high upside potential. With a growing demand for silver driven by industrial applications such as solar panels and electric vehicles, TFPM is poised to benefit from the increasing interest in non-yielding assets like silver. The company's projected record high demand of over 700 million ounces by industry in 2025 further solidifies its position among top junior mining stocks.

Tariffs Loom over Global Trade as Investors Cling to Hopes for Relief Δ1.74

Asian share markets made guarded gains on Monday as investors waited anxiously to see if imminent tariffs would go ahead, while bitcoin surged on news it would be included in a new U.S. strategic reserve of cryptocurrencies. Markets still unsure if U.S. tariffs will go ahead Nikkefutures rallied 1.7%, S&P 500 futures up 0.2% Euro up on hopes for progress on Ukraine-Russia deal

Bitcoin Market Soars on Strong Gains Δ1.74

Bitcoin, the world's largest cryptocurrency by market value, was up by around 6.06% at $89,359 at 1620 GMT on Sunday. This comes after U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA." The announcement has sparked interest among investors and analysts. As a result of this surge, the market value of other cryptocurrencies such as Ethereum also increased.

Yuan Surge to Post-Revaluation High Δ1.74

China's yuan surged against the dollar on Thursday, reaching a post-revaluation high and heading towards its biggest weekly gain in more than four months. The central bank repeatedly engineered hefty gains for the currency, which is closely watched by investors. The move is seen as an effort to bolster confidence in China's economy and financial markets.

Bitcoin's Worst Correction Since 2022 Sparks Concerns About Investor Sentiment Δ1.74

Investors who poured billions into new bitcoin ETFs over the last year are pulling some of that money back out as bitcoin experiences its worst correction since a 2022 meltdown. The recent price drop has raised questions about whether investors are getting cold feet or if the market is simply taking a breather after a surge in optimism over the crypto industry's future. Bitcoin's volatility remains a concern, with many experts advising that investors be prepared for fluctuations.

Discover Catalyst Metals Among 3 Promising ASX Penny Stocks Δ1.74

The Australian market is experiencing downward pressure, with the ASX 200 declining approximately 1.25% due to concerns over U.S. tariffs on Chinese goods affecting local commodities. Amid this instability, Catalyst Metals Limited stands out as a promising penny stock, recently achieving profitability with a reported net income of A$46.29 million for the half-year ending December 2024. With a strong financial health rating and a market capitalization of A$924.27 million, Catalyst Metals offers investors a compelling opportunity at a substantial discount to its estimated fair value.

US Trade Deficit Hits Record High in January on Imports Surge Δ1.73

The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag on economic growth in the first quarter. Imports soared 10.0%, the most since July 2020, to $401.2 billion, driven by industrial supplies and consumer goods. The surge in gold imports may have been related to fears of tariffs on the precious metal, but the underlying causes of the trade deficit remain unclear.

Tariff and Growth Worries Boosts Safe-Haven Yen, Swiss Franc Δ1.73

The Japanese yen and Swiss franc strengthened against the dollar on Monday as investors sought safe-haven currencies due to lingering worries over tariffs and a U.S. economic slowdown. Risk-averse investors have slashed net long dollar positions to $15.3 billion from a nine-year high of $35.2 billion in January, sending both currencies to multi-month highs.

High-Yield Money Market Accounts Offer Exceptional Returns in 2025 Δ1.73

The national average money market account rate has risen significantly since 2023, reaching 0.64%, according to the FDIC. With top-tier accounts offering over 4.51% APY, it's essential to compare rates and consider opening a high-yield MMA to maximize earnings. The FDIC insures deposits up to $250,000, providing a secure investment option.

Risky Trades: Leveraged and Inverse ETFs Bet Big on Hot Tech Stocks Δ1.73

Leveraged and inverse Exchange-Traded Funds (ETFs) have become a significant share of the market, with many investors and day-traders taking large bets on hot tech stocks like Nvidia, Tesla, and Palantir. These ETFs offer explosive upside but equally big losses, making it essential for investors to understand the risks involved. The trend began with Wall Street firms offering double- and triple-leveraged and inverse sector and index ETFs, allowing investors to trade the market in the short term around news events.

Bitcoin's Surge After Trump's Crypto Reserve News Showing Signs of Sustainable Bullish Run Δ1.73

Bitcoin (BTC) has surged 7% in the past hour, crossing $92,000 after Donald Trump announced that the U.S. will move forward with establishing a crypto strategic reserve. The price is now up 15% from recent lows of $78,000. Data indicates this rally is driven by spot demand rather than speculation, signaling a healthy, organic move. Spot Cumulative Volume Delta (CVD) shows buyers as the aggressors, with over $200 million in spot inflows in the past hour.