Disrupting a $900 billion market! The World Gold Council plans to launch ‘digital gold’ with a pilot program in London next year.

View: Source According to the Financial Times, the World Gold Council (WGC) is planning to launch gold in digital form. This initiative may create revolutionary changes in the trading, settlement, and collateralization of gold, potentially transforming the $900 billion physical gold market in London. The World Gold Council is an industry organization representing the interests of gold miners. Its CEO, David …

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Palladium climbs over 2% on supply shortage concerns

View: Source Palladium prices rose during Tuesday’s trading despite a stronger U.S. dollar against most major currencies, supported by expectations of a global supply shortage. Sibanye-Stillwater, based in Johannesburg with operations in the U.S. and South Africa, has petitioned to impose tariffs on Russian palladium imports — a move that could further heighten price volatility. The company noted that Russian palladium …

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Copper Surges Strongly in the Slipstream of Gold and Silver

View: Source Just as the general holiday season concludes, prices for key metals and precious metals are gaining momentum. The gold price has already drawn attention by breaking out of its approximately three-month consolidation phase. The current all-time high of $3,499 per ounce is nearly reached and could soon be surpassed by a new one. Silver has also started a new upward trend, …

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