बिटकॉइन (BTC) की कीमत में मंगलवार को थोड़ी उछाल आई, जो $61,000 के आसपास रही, जबकि सोमवार को इसमें 4.6% की गिरावट आई थी, जब यह अवरोही वेज पैटर्न से नीचे टूट गई थी। जुलाई में बिटकॉइन और बिटकॉइन कैश के लेनदारों को पुनर्भुगतान की माउंट गोक्स की घोषणा बिटकॉइन स्पॉट ईटीएफ (ETF) से $174.5 मिलियन के बहिर्वाह के साथ हुई, जो लगातार सात दिनों तक जारी बहिर्वाह को दर्शाता है।
ETF
Gold Rally Sputters With Bets on Vaccine, Economies Denting ETFs
The rally in gold, which surged to an all-time high two weeks ago, is showing signs of losing steam with hopes for a coronavirus treatment and signs of improving economies undercutting the metal’s appeal as a haven.
It’s Blue Skies in Gold ETFs as Investors Flee Equity Turbulence
The $32.4 billion SPDR Gold Shares fund, ticker GLD, saw inflows of more than $643 million one day this week, the most since July 2016.
How to Invest in Gold
Gold Silver Reports (GSR) – Gold is one of history’s most famous and important metals and has been the basis for monetary systems for thousands of years. Although no country today still uses the gold standard, the demand for the product as an alternative to fiat money has picked up in recent years thanks to the impressive stability of the precious metal.
Stronger Dollar Pushes Gold Back Towards 6 Month Lows
Gold Silver Reports (GSR) – The Indian rupee is also near a record low against the dollar, Japan’s yen is at its weakest since mid-May and the value of the euro was eroded by the potential for a row over migration policy to fracture the German government…
Mutual Fund Investments in Debt Securities Lowest in 5 Years
Gold Silver Reports (GSR) – Mutual Fund Investments in Debt Securities Lowest in 5 Years – Mutual funds pulled out ₹ 14,085.55 crore from debt securities in May, regulatory data showed, shifting to equities amid rising bond yields and higher fixed deposit rates. According Securities and Exchange Board of India (Sebi), this is the lowest mutual fund investment in debt markets since July 2013. In comparison, debt securities saw mutual fund inflows of ₹ 20,164.82 crore in April and ₹ 9,514.37 crore in May 2017.
Goldman Sachs Sees Equity Volatility Spillover
Gold Silver Reports (GSR) – Goldman Sachs Sees Equity Volatility Spillover — Strategists led by John Marshall observed that “a large number” of S&P 500 hedges expired over the past three weeks, leaving the average investor more exposed to stock swings. Meanwhile, the Cboe Volatility Index almost doubled in the first quarter as concerns over global trade tensions and the Federal Reserve’s monetary policy stirred up market turbulence. The options gauge, known as VIX, jumped 20 percent to 23.89 as of 12:11 p.m. in New York.
ETF Investors Outsmart Hedge Funds Who Miss Out as Gold Rebounds
Gold Silver Reports (GSR) – ETF Investors Outsmart Hedge Funds Who Miss Out as Gold Rebounds – Hedge funds could learn a thing or two from exchange-traded fund holders, at least as far as the gold market is concerned. As a trade war between the U.S. and China broke out, bullion futures posted their best weekly gain in two years on demand for a haven. Unfortunately for the funds, they were too focused on interest rates to anticipate the move.
Gold Miners ETF Lures $529 Million Inflow After Market Turmoil
Gold Silver Reports – Gold Miners ETF Lures $529 Million Inflow After Market Turmoil — Gold is burnishing its allure to investors in the wake of the recent market turmoil.
GDX Gold ETF Weathers Stock Market Selloff
Gold Silver Reports – GDX Gold ETF Weathers Stock Market Selloff v- The gold miners’ stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking distance of a major $25 breakout.