Markets

Gold tops $2,000 for first time ever on US stimulus hopes

Spot Gold briefly touched a record high of $US2,000 an ounce on Tuesday amid a rally for the commodity. Traders piled into the so-called safe-haven asset on hopes that another US stimulus bill is in the works. An additional bill could put further liquidity into markets and weigh on rates, […]
Gold tops $2,000 for first time ever on US stimulus hopes
Markets

Bitcoin has become an unlikely safe haven as global turmoil has rocked markets. But not everyone thinks that’s a good idea.

Cryptocurrencies such as bitcoin are becoming more and more appealing to investors as safe haven assets as trade tensions and geopolitical forces whip global markets and currencies. Because bitcoin is decentralized, it’s not directly subject to market forces such as interest rates or currency debasement. Still, one expert explains to […]
Bitcoin has become an unlikely safe haven as global turmoil has rocked markets. But not everyone thinks that’s a good idea.