By Chayanika Deka Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund […]
Tag: Australia
By Ted Late Key highlights: In 1987, the US stock market crashed by more than 20% in a single day The underlying causes for the crash are still debatable What can we learn from 1987’s Black Monday in light of the recent market turmoil resulting from a negative macroeconomic and geopolitical landscape? Since it became apparent […]
By Ted Late The value of a gold bar depends on the current spot price of gold. At current market rates, one troy ounce of gold is worth $3,116. Meanwhile, a gold bar typically weighs roughly 32 troy ounces (2.2 lbs or 1 kg), which means that a single gold bar is worth approximately $100,179. […]