-
Tether expands precious metals ambitions as gold demand fuels digital boom
Growing economic and geopolitical uncertainty has propelled gold prices to record highs this year, and the insatiable appetite for the yellow metal is now spilling into the digital realm. Tether Holdings, already the largest holder of gold outside official reserves, is capitalizing on this momentum with a significant expansion of its precious metals team. According to reports, the cryptocurrency firm plans to hire two of the world’s most senior precious metals traders from HSBC Holdings. Anonymous sources say Vincent Domien, HSBC’s global head of metals trading, will join Tether in the coming months, alongside ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Silver has swung sharply—up 40% since late August, then down 15% in a week—driven by its tight 86% correlation with gold and rising industrial demand from AI data centers and electrification. With CPI near 3% and the Fed easing rates, investors are turning to hard assets like silver as an inflation hedge, reinforced by strong central bank gold buying. The ...
From vtmarkets.com | Nov 11, 2025
Demand for Gold bars and coins increased, reaching 352 tons, surpassing last year’s figures by 24.5%. This accounted for over half of the total Gold demand. The People’s Bank of China (PBoC) continued its Gold purchasing streak for the twelfth consecutive month in October. Despite this, the purchases were minimal, with only around 1 ton added. Throughout ...
Gold prices surged more than 3.7% into the start of the week, with XAU/USD mounting its largest single-day advance since May 6- that instance marked the monthly high in gold. Price is stalling into pivotal resistance today, and the focus is on possible price inflection off this level. It’s decision time for gold traders, and losses would need to be limited ...
