Experts project that the rally will continue in 2026. It has been one of the best years ever for gold as the precious metal surged to an all-time high on Tuesday, reaching $4,505 per ounce. Year-to-date, gold has returned about 69%, making this the best year for the commodity since...
Many experts believe it will. It has been a banner year for gold investors, as the commodity has enjoyed its best run in 46 years. The price of gold shot up again on Wednesday, rising some 1.8% to around $4,190 an ounce as it remains a safe haven amid economic...
The pivot from Bitcoin mining to AI solutions is proving to be a profitable one. Australia-based Bitcoin miner IREN Limited (NASDAQ: IREN) has signed a multi-year GPU cloud services contract worth $9.7 billion with Microsoft. Under the agreement, IREN will provide Microsoft with access to NVIDIA GB300 GPUs for artificial...
It's been quite a year for crypto and gold. Geopolitical risks and market swings have driven both gold and Bitcoin (BTC) sharply higher this fall, reinforcing arguments for their adoption as portfolio diversifiers for retail investors. Yet while gold continues to show strength, Bitcoin’s recent correction highlights the asset’s inherent...
Is this a buying opportunity? Tuesday is the unofficial start of third quarter earnings season, and it features three financial services giants that represent different aspects of the industry. JPMorgan Chase (NYSE:JPM) is a proxy for banking, while BlackRock (NYSE:BLK) serves as a barometer for asset management. Both turned in...
JPMorgan analysts justify a $165K Bitcoin price by reframing it as a mathematical correction to align with gold's value. Bitcoin (BTC) could climb to $165,000 by the end of 2025, according to JPMorgan analysts, who argue that the world’s largest cryptocurrency remains undervalued relative to gold when adjusted for volatility....
Gold is having its best year since 1979. Gold has outperformed all other asset classes this year, including stocks and Bitcoin. The price of gold keeps setting new records and recently crossed a major milestone, surpassing $4,000 per ounce. Currently, an ounce of gold is worth $4,065, after another 1.5%...
The dividend jumped to $4 per share, from $3. While bank earnings have been solid, although somewhat mixed so far in Q2, Goldman Sachs (NYSE:GS) earnings were neither. The investment banking powerhouse delivered stellar results in the second quarter that blew away estimates. It also raised its dividend by a...
Tech and lifestyle stocks also dominate the lists. June was an excellent month for stocks, with the Nasdaq rising 6.6% last month and the S&P 500 500 surging 4.9% higher. For hedge fund managers, it led to strong inflows and strategic repositioning, as reflected in the June Shortside Crowdedness Report...
Is a recession still in the cards? Economists at Goldman Sachs have updated their projections for the gross domestic product (GDP) in 2025, based largely on tariffs. Goldman Sachs now projects the GDP to grow at a 1.25% clip this year, up from their previous projection of 1% GDP growth....
Goldman Sachs predicts gold prices could reach as high as $3,880 per ounce in 2025. Gold has outperformed the stock markets and Bitcoin this year, rising 27% to $3,351 per ounce as of May 26. And many analysts believe the 2025 gold rush is not over yet. Recently, Goldman Sachs...
There are many ways you can invest in gold, and estimates suggest current proven reserves could support mining into the mid-2040s at today’s production rates, after which prices could see upward pressure. In this guide, we will provide a summary of how to invest in gold, in addition to the...
The firms cite the easing of trade tensions as the key reason for optimism. Citing the easing of trade tension between the U.S. and China, two major Wall Street analysts lifted their outlook for the S&P 500 in 2025. On Monday, following the announcement of a 90-day pause in the...
The stock price was up nearly 3% on Monday. The major financial firms have gotten off to an unexpectedly good start this year, given the economic challenges, volatility, and stock market declines. But it is the volatility, in fact, that has buoyed the big financial firms, as turbulent markets have...
Stocks were down big on Thursday as investors flocked to the safe haven of gold. As stocks were crashing on Thursday, investors fled to the safe haven of gold. Gold stocks were among the day’s top gainers, as the gold prices hit record highs. The price of gold rose more...