Gold
Bitcoin rebounds above $123,000 as miners rally
AI에 의해 보고됨
Bitcoin climbed back above $123,000 on Wednesday after a sharp drop the previous day, with crypto miners leading gains amid AI optimism. Analysts suggest bitcoin could reach $644,000 if it captures part of gold's market amid the ongoing gold rally. Federal Reserve minutes indicated potential interest rate cuts later this year.
China unveils pure solid gold amid investment debate
China has unveiled a new metal called 'Pure Solid Gold' to bolster its status as the world's top gold producer, igniting fierce debate in global gold and jewelry markets. Claimed to have 99.9% purity and high resistance to scratching, Egyptian experts dismiss it as a fake substance unsuitable for investment. Opinions split between viewing it as genuine innovation or a marketing ploy to lower gold prices.
Benishangul Gumuz delivers 1,723 kg of gold to national bank
The Benishangul Gumuz Regional State Mining Development Bureau has delivered 1,723 kilograms of gram gold to the National Bank over the past six months. Efforts are underway this budget year to deliver more than 7,000 kg of gold. This achievement stems from the government's macro-economic adjustments addressing gold market challenges.
South African mining unions moderate wage demands amid gold price surge
South Africa's gold mining unions have revised their wage demands downward in negotiations with Sibanye-Stillwater, presenting surprisingly moderate proposals despite record-high gold prices. The unions declared a dispute on 9 October after talks deadlocked, but recent adjustments suggest a strike is unlikely. This reflects decades of wage improvements and reduced labor militancy in the sector.