Gold Becomes Hugely Attractive as Other Assets Falter

Michael Dalder/Reuters Hedge funds are betting on gold in 2020 as an attractive way of getting returns amid unprecedented central bank stimulus during the coronavirus pandemic, the Fi.....»»

In a world full of negative yielding debt, hard assets like gold could become even more attractive......»»

Gold futures on Friday trade modestly higher, headed for a seventh gain in a row and a third straight weekly advance, amid an uptrend for bullion that has gathered steam during a choppy period for stocks and digital-assets......»»

JPMorgan found that excluding gold, investor allocation to the commodity space stands at just 0.6%, making it attractive for further upside. Lucas Jackson/Reuters C.....»»

Gold prices were seeing lackluster trade Tuesday morning, edging lower but mostly holding near the highest levels since February, amid selling of assets considered risky, including global stocks and oil......»»

"Mechanically, the bitcoin price would have to rise [to] $130,000, to match the total private sector investment in gold," JPMorgan said. A visual representation of.....»»

Exchange-traded funds are simple, cheap and hugely popular. Their goal is to invest in or replicate the performance of a basket of assets or index. Rather than pay a money manager hefty fees to actively pick and choose what the fund holds, ETFs.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Amid rallies for riskier assets late in 2020, once-hot gold is retreating and those declines are weighing on miners, which often overshoot bullion's price action in either direction. read more.....»»

"Digital gold" has surged past the yellow metal to become one of the year's best performing assets, up more than 20% in 2020......»»

What does the current crisis mean for the value of actual cash, and how does it stack up to assets like bitcoin and gold?.....»»

Gold futures end lower on Friday, with investors shunning haven assets amid early optimism over a drug that’s anecdotally shown potential to treat COVID-19 and the release of a road map to gradually reopening the U.S. economy......»»

Gold futures retreat Friday, with investors shunning haven assets amid early optimism over a drug that’s anecdotally shown potential to treat COVID-19 and the release of a road map to gradually reopening the U.S. economy......»»

Will bitcoin move beyond "digital gold"? Is ether viable as money? In 24 charts, CoinDesk Research looks at what happened to crypto assets in the first quarter and what may emerge in the future......»»

Thomson Reuters Michael Novogratz, former head of Fortress Investment Group and founder of cryptocurrency bank Galaxy Digital, said on Tuesday that there's a "global money-printing orgy going on" and people should buy assets like gold and.....»»

The gold mining industry has 14 so-called tier-one assets and Barrick already has six of them, including three in Nevada, two in Africa and one in the Dominican Republic......»»

Gold futures were headed higher Monday morning, supported partly by expectations that the days and weeks ahead may prove grim for investors with an appetite for assets perceived as risky......»»

Demand for gold is skyrocketing and the clamor for scarce assets in a remote-first world was precisely where bitcoin was supposed to shine. But it's complicated......»»

Gold futures moved up sharply on Tuesday, finding support after the U.S. Federal Reserve launched a crisis-era commercial paper funding facility aimed to help businesses suffering from the coronavirus-hit economy. "Risky assets including gold are gettin.....»»

Gold declined as investors rush to raise cash to cover losses in other markets amid a surge in volatility across assets, with global leaders striking a pessimistic tone over the likely economic impact of the coronavirus outbreak......»»