Bitcoin price rose for the third consecutive day as traders remained optimistic about a trade deal between the U.S. and China and potential Federal Reserve interest rate cuts. Bitcoin btc-3.02%Bitcoin climbed to $111,000 for the first time since Oct. 16 and now sits 7.25% above its lowest point this year. It remains in a correction after falling about...
Gold prices moved past $4,100 to a record high on Tuesday on increased prospects of U.S. Federal Reserve rate cuts, while resurgent U.S.-China trade woes boosted safe-haven bets, including those for silver, which also scaled an all-time peak. Spot gold rose 0.2% to $4,117.72 per ounce at 0716 GMT, after hitting an all-time high of $4,179.48...
KUALA LUMPUR: A company claiming to have access to billions of ringgit in overseas gold and cash reserves is not registered with the Companies Commission of Malaysia (SSM), says Comm Datuk Rusdi Mohd Isa. The Bukit Aman Commercial Crime Investigation Department (CCID) director said police have received 43 reports about the company since 2023 and opened...
Gold prices climbed on Friday to their highest levels in nearly two months, and were on track for a weekly gain, after Israeli military strikes on Iran drove investors toward safe-haven assets. Spot gold was up 1.2% at $3,423.30 an ounce, as of 0544 GMT, after hitting its highest since April 22 earlier in the session....
Gold prices rose on Friday and were poised for their biggest weekly gain in more than a month, as a softer U.S. dollar and concerns over the country's fiscal outlook boosted bullion's safe-haven appeal. Spot gold was up 1.1% at $3,329.69 an ounce as of 0654 GMT. Bullion has risen 4% this week, its highest since...
She only managed to get 6kg of gold necklaces and bracelets during her visit, spending an estimated S$756K. Malaysian influencer and entrepreneur Anes Ayunie Osman has sparked backlash after a video of her wheeling a suitcase filled with cash to purchase 15kg of gold jewellery went viral. Her video, which documents her trip to the goldsmith, was posted four days...
Gold prices climbed to their highest level in nearly 11 weeks on Tuesday as the U.S. dollar slumped following President Donald Trump's inauguration and investors sought the safe-haven metal to hedge against uncertainty sparked by his tariff plans. Spot gold climbed 0.7% to $2,725.70 per ounce by 0804 GMT and hit its highest since Nov. 6,...
KUALA TERENGGANU: Police have detained a man to assist in investigations into the theft of jewellery worth about RM237,000 belonging to a medical lecturer at a higher learning institution in the state. Kuala Terengganu district police chief ACP Azli Mohd Noor said police believe they solved the case with the arrest of the 31-year-old suspect in...
Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin is ‘bigger’ than gold, predicting BTC’s $2 trillion market cap could one day surpass gold’s $15 trillion over time. In a recent post on Dec. 5, Cathie Wood reacted to the Federal Reserve Chair Jerome Powell’s comments on Bitcoin btc7.7%Bitcoin, describing the cryptocurrency with the largest market cap as a...
MicroStrategy’s aggressive Bitcoin acquisition strategy continues to draw sharp criticism from gold advocate Peter Schiff. In an X post on Monday, Schiff pointed out that MicroStrategy has already spent $11.5 billion of its $42 billion Bitcoin btc-0.43%Bitcoin investment plan in just over a month. He questioned the sustainability of this pace, highlighting that Bitcoin prices remain below the highly anticipated...
