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A report from Public Citizen shows crypto super PACs have raised more than $100 million to back crypto-friendly candidates in the 2024 U.S. elections.Bond yields weigh on gold prices, 5G rollout supports silver demand – Heraeus
– Gold prices continue to face headwinds from elevated bond yields, while silver is set to benefit from the global 5G rollout for years to come, according to analysts at Heraeus.Crypto funds recorded $251 million in outflows last week, the fourth consecutive week of losses, but on-chain data suggests that the trend may soon reverse, and prices could follow suit.
- Mining is still challenged by rising costs and supply-chain issues, said John McConnell, president and CEO of Victoria Gold.Gold needs to test support but prices can still end the year much higher - State Street’s Milling-Stanley - Although the Federal Reserve has been cryptic regarding the timing of its easing cycle, the central bank is firm that it is not looking to raise interest rates anymore, which should ultimately be positive for gold, according to one market strategist. – Investment bank Goldman Sachs announced on Friday that it has reached an in-principle settlement agreement to resolve an outstanding class action lawsuit filed in 2014 related to the firm’s platinum and palladium trading.
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