Unstoppable Women of Web3 and AI today announced the inaugural winners of its Most Inspirational Women of AI and Web3 awards, recognising leaders driving innovation at the intersection of artificial intelligence and blockchain technologies. The awards program celebrates women nominated by the community for their meaningful contributions to the industries. Among the honorees, nearly half
Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying. Since January 2024, gold has surged 58% while Bitcoin has fallen roughly 12%. Gold hit a record $4,381 per ounce in October and now trades near $4,216, up nearly 59% year-to-date. Bitcoin,
A cooling failure at a CyrusOne data center outside Chicago froze trading across CME Group’s entire futures complex early Friday, halting price discovery for oil, gold, currency pairs, and Treasury benchmarks during a critical month-end window. The outage, which began around 9:45 p.m. ET Thursday, left traders staring at static screens while engineering teams scrambled
Gold prices rose to a two-week high and were on track for a fourth consecutive monthly high on rising bets that the US Federal Reserve will cut interest rates next month. Meanwhile, silver prices have outperformed gold this week, with the metal on COMEX hitting a new record high on Friday. The metal has spiked
Oil prices remained flat on Thursday as trading volumes were thin due to the US Thanksgiving holiday. Gold prices fell from two-week high as investors continued to assess the likelihood of an interest rate cut by the US Federal Reserve next month. Silver prices also pulled back after hitting their highest level of $54 per
Gold prices rose to an over one-week high on Wednesday as hopes for an interest rate cut by the US Federal Reserve next month increased. Silver prices also rose 1%, tracking gains in gold, with the metal nearing the $52 per ounce level. Meanwhile, oil prices were volatile throughout the day amid uncertainty over a
Global trade tensions, shifting markets, and geopolitical pressure are driving today’s biggest stories. The US has extended key China tariff exclusions in a bid to stabilize relations, while global markets remain unsettled as investors parse every signal from the Federal Reserve. Gold is climbing on rising expectations of a December rate cut, and Beijing is
Fresh signs of resilience in the US labor market have curbed GLD gold price gains even as the persistent uncertainties offer steady support to the precious metal. At the time of writing, the bullion was trading at $4,163 an ounce amid heightened bets for a 25 basis point rate cut by the Fed in December.
Gold prices are forecast to rise to $4,900 per ounce next year, according to Daan Struyven, head of oil research at Goldman Sachs. This expected surge is driven by continued strong demand from central banks and ETF investors, with the potential for an even greater increase if retail investors enhance their gold diversification. Struyven, in
