Gold and silver are consolidating within tight ranges ahead of the CPI data release, while the US dollar index has formed a ...
In the Forex market, gold is a form of currency. The particularity of gold is that it can only be traded against United States dollars (USD). The internationally accepted code for gold is XAU.
But over time, inflation eats into the buying power of a currency such as the U.S. dollar and makes dollar-denominated assets worth less. Gold offers a different narrative, as it tends to hold its ...
A local forex organization's survey found that most Russian investors prefer Bitcoin to gold and forex as an investment. Bitcoin is becoming increasingly popular in Russia, a survey found. The Russian ...