The U.S. women’s soccer team won its fifth Olympic gold medal by beating Brazil 1-0 on Mallory Swanson’s early second-half goal in the tournament final Saturday at the Paris Games.The Americans, who hadn’t won gold since the 2012 London Olympics, closed out an undefeated run to the title in their first international campaign under new coach Emma Hayes.Goalkeeper Alyssa Naeher preserved the win with a one-handed save on Adriana’s header in stoppage time at Parc des Princes.The loss is more heartbreak for Brazil and its iconic star, Marta. The six-time world player of the year has never won a Women’s World Cup or an Olympics. This is expected to be her last major international tournament.It was the third victory for the United States over Brazil in an Olympic final. The Americans also beat the Brazilians in the 2004 in Athens and four years later in Beijing.Brazil has never finished better than runner up at the Olympics.Three years ago in Tokyo, the U.S. settled for the bronze medal. The Americans were knocked out in the quarterfinals at the 2016 Rio de Janeiro Games.Swanson’s 57th-minute goal came in her 100th appearance with the United States.Tom Cruise and former U.S. soccer star Megan Rapinoe were among those in the crowd.The U.S. also won gold in 1996 at the Atlanta Games in the first women’s soccer tournament at the Olympics.
PARIS —
The U.S. women’s soccer team won its fifth Olympic gold medal by beating Brazil 1-0 on Mallory Swanson’s early second-half goal in the tournament final Saturday at the Paris Games.
The Americans, who hadn’t won gold since the 2012 London Olympics, closed out an undefeated run to the title in their first international campaign under new coach Emma Hayes.
Goalkeeper Alyssa Naeher preserved the win with a one-handed save on Adriana’s header in stoppage time at Parc des Princes.
The loss is more heartbreak for Brazil and its iconic star, Marta. The six-time world player of the year has never won a Women’s World Cup or an Olympics. This is expected to be her last major international tournament.
It was the third victory for the United States over Brazil in an Olympic final. The Americans also beat the Brazilians in the 2004 in Athens and four years later in Beijing.
Brazil has never finished better than runner up at the Olympics.
Three years ago in Tokyo, the U.S. settled for the bronze medal. The Americans were knocked out in the quarterfinals at the 2016 Rio de Janeiro Games.
Swanson’s 57th-minute goal came in her 100th appearance with the United States.
Tom Cruise and former U.S. soccer star Megan Rapinoe were among those in the crowd.
The U.S. also won gold in 1996 at the Atlanta Games in the first women’s soccer tournament at the Olympics.
However, gold and silver bullion coins, bars and certificates are subject to conditions. For example, gold coins must be at least 99.5% pure, while silver coins must be at least 99.9% pure. Coins cannot have a collectible value, so the fair market value cannot exceed 110% of the value of its gold or silver content. To be eligible, coins must also be purchased directly from a Canadian financial institution or the Royal Canadian Mint.
Bullion bars, ingots or wafers qualify, if they are purchased from a metal refiner accredited by the London Bullion Market Association. The purity requirements are the same as coins.
Certificates for gold or silver issued by the Royal Canadian Mint or a financial institution can also qualify, if the bullion represented satisfies the above conditions.
More ways to invest in gold in Canada
There are other ways to hold the asset, Audrey, beyond owning physical gold. SPDR Gold Shares (NYSEArca ticker symbol: GLD) is the world’s biggest physically backed gold exchange-traded fund (ETF). It owns gold bullions, and investors can easily buy and sell the ETF in their registered accounts. It is very liquid, should you need to sell it quickly.
There are mutual funds that own gold bullion and gold stocks, although it is more common to find precious metals funds that provide exposure to various precious metals, gold being the primary one. And of course, you can invest in gold by buying company stocks, such as those of small exploration companies or major global gold producers, with high to low risk levels.
Diversification is better than any one investment
My inclination, Audrey, would be to allocate, at most, a small amount of gold to your RRIF account. That is not a reflection of my view on gold and what I think might happen next to gold prices—frankly, I would be speculating. My answer would be the same for any other commodity, stock or even stock sector. Diversification is the only “free lunch” in investing, meaning if you are looking for something safe—which is part of your question about gold—you should aim to build a diversified portfolio.
If I were you, I would allocate no more than 5% to an individual stock and no more than 10% to gold. But you should talk to your advisor or do your due diligence to decide what works best for you.
Thea LaFond left Dominica for the United States when she was 5 and now lives in Maryland. But she’s still ambassador for her birth nation.
SAINT-DENIS, France (AP) — Sometimes, all it takes is one athlete.
In March, triple jumper Thea LaFond was the only representative of her tiny Caribbean nation, Dominica, at world indoors.
She won the gold medal.
Now at the Paris Olympics, LaFond is the only woman from her country competing in track and field.
Again, she won gold.
Only it was more than gold. It was the very first Olympic medal for Dominica.
“It’s an understatement to say it’s a really big deal,” LaFond said after her victory Saturday night at the Stade de France. “Sometimes you wonder if being from a small country means that you have less accessibility to resources. … But we’ve been really big on (prioritizing) quality and just executing it.”
LaFond left Dominica for the United States when she was 5 and now lives in Maryland. But she’s still ambassador for her birth nation.
“My country’s name is Dominica (dah-min-EE-ka). We’re not Dominican Republic, so it’s pronounced differently,” LaFond said. “We are about roughly 70,000 people. Not 7 million. Not 70 million. Seventy thousand. And it is a gorgeous, gorgeous gem in the Caribbean near to Martinique and Guadeloupe. … Our neighbors also include St. Lucia, Barbados and, further south, Trinidad and Tobago. Our primary language is English. And now they have a gold medal.”
In 2017, 90% of the homes on Dominica were damaged by Hurricane Maria and 31 people died.
There are virtually no facilities for track and field on the island. Plans to build a track have been stalled for years, LaFond said.
“The biggest issue has been getting the land allocation for this track. Give us the land and there will be a track,” LaFond said. “I’m really hoping this medal kind of lights a fire under all government officials to get that done. I want a place where the next generation doesn’t necessarily have to go overseas.”
After her move to the U.S., LaFond developed into a classically trained dancer. She gave up dance at 13 when her family couldn’t afford lessons anymore and discovered track and field at John F. Kennedy High School in Silver Spring, Maryland, and went on to compete at the University of Maryland.
When she made her Olympic debut in 2016, she was introduced to Aaron Gadson, who became her coach and then her husband. Gadson’s first big advice for LaFond involved a big change to her jumping technique.
LaFond had leaped off her right leg since she was a teenager. Gadson thought she was stronger jumping off her left leg, though, so they made the change.
“It’s basically teaching your body how to jump again,” LaFond said. “There were some very frustrating days.”
Gadson had some more invaluable advice in Paris after LaFond leaped 14.32 meters on her first jump: “He came to me and he said, ’Listen, there is torrential downpour coming in 20 minutes. You have to do something big now because the weather is not going to be on your side.’”
LaFond leaped 15.02 on her second attempt, which was the winning jump. As Gadson predicted, the storm then came and nobody else could come close in the wet conditions.
“We had to put it together right then and there,” LaFond said.
Shanieka Ricketts of Jamaica took silver at 14.87 and Jasmine Moore of the U.S. got bronze at 14.67.
Missing from the competition was world-record holder and defending Olympic champion Yulimar Rojas of Venezuela, who was out with an Achilles tendon injury.
Besides celebrations on Dominica, LaFond’s victory sparked jubilation at a Navy football preseason practice session when the news was communicated to Chreign LaFond, Thea’s younger brother and a junior defensive end with the Midshipmen.
Hidden in the rugged Sierra Nevada amid sprawling pine forests, Havilah was once a bustling mining town where stamp mills pulverized rock from the region’s mines and prospectors panned for precious metals in the late 19th century.
In its heyday, the town’s main drag featured saloons, dance halls, inns and gambling houses. Townsfolk witnessed midday gunfights, manhunts for wanted murders and stagecoach robberies, and they wagered gold dust on horse races, according to Los Angeles Times archives.
But for nearly a century, long after the feverish search for gold subsided, Havilah had been considered something of a ghost town, with only about 150 residents. Foundations were all that remained of most of its historic buildings when fire swept through the town July 26.
Aggressive and impactful reporting on climate change, the environment, health and science.
Roy Fluhart, whose ancestors had homesteaded in the area around the Great Depression, had tried to preserve the town’s rich history. As president of Havilah’s historical society, he and his relatives helped curate the courthouse with historic documents and photographs, antique mining tools and other artifacts from the region’s past.
“We lost everything,” Fluhart said. “The sad part is, the museum was an archive, and it’s lost now. Son of a gun. … We didn’t really have time to get anything out.”
It wasn’t just the town’s history that was lost.
Havilah resident Bo Barnett, wearing the same clothes he had on when fleeing , recounts escaping the Borel fire. (Robert Gauthier / Los Angeles Times)
Bo Barnett, whose house was destroyed, managed to escape with his dogs and the clothes on his back. Barnett, whose wife died a month ago, expressed remorse that he didn’t have time to collect her ashes.
“Fire was raining down upon us,” Barnett said, as his eyes welled with tears. “I wasn’t sure what I was driving into. My tires were melting on the road. It was horrible.”
Gov. Gavin Newsom, who spent much of his childhood in the sparsely populated mining community of Dutch Flat in Placer County, lamented the loss of a fellow gold rush community on Tuesday. Wearing aviator sunglasses and a ball cap, he toured the wreckage in Havilah, walking up to the remnants of the town museum and pulling a novelty Uncle Sam coin bank from the blackened rubble.
California Gov. Gavin Newsom toured Havilah after the fire, finding an artifact in the wreck of the courthouse museum.
“Towns wiped off the map — places, lifestyles, traditions,” Newsom said at a news conference. “That’s what this is really all about. At the end of the day, it’s about people, it’s about history, it’s about memories.”
In recent years, devastating wildfires have obliterated some of California’s gold rush towns, erasing the history of one of the most significant eras in 19th century America. Havilah joins the likes of Paradise and Greenville, small communities that saw influxes of prospectors, followed by population exodus and, more recently, devastation.
Havilah credits its origin to Asbury Harpending — a Kentuckian who plotted to seize California and its gold to support the Confederacy during the Civil War. In 1864, Harpending, indignant after his conviction for high treason, ventured to present-day Kern County’s Clear Creek region. He found deposits of gold and christened the area Havilah, after a gold-rich land in the book of Genesis.
Although Harpending had no land rights, he established a sprawling mining camp and sold parcels to incoming miners in what many believed could be a second gold rush. In 1866, Havilah became the seat of the newly established Kern County, a title it held for eight years until Bakersfield became the principal city. He stayed only two years but made a fortune: $800,000.
“I was literally chased from absolute poverty into the possession of nearly a million dollars,” Harpending wrote in his autobiography. “I discovered a great mining district and founded a thriving town. And if the matter of paternity is ever brought up in court, it will probably be proved to the satisfaction of a jury that I am the father of Kern County.”
A 1905 article in the Los Angeles Times details a shooting reminiscent of a Wild West film.
(Los Angeles Times archive / newspapers.com)
As gold became harder to find, people deserted Havilah, and its buildings fell into disrepair. Those who remained attempted to commemorate the community’s mining legacy and pioneer heritage. In 1966, for the centennial of Havilah’s founding, residents finished building the replica courthouse. They later built a replica of the town’s schoolhouse, which doubled as a community center.
Historical markings along Caliente-Bodfish Road indicate buildings that once existed: barbershop, a blacksmith, the Grand Inn and a livery stable. Some large plaques also pay tribute to historic events such as the last stagecoach robbery in Kern County in 1869, in which a gunman made off with $1,700 in coinage and gold bullion.
Wesley Kutzner, a historical society member and Fluhart’s uncle, helped build the replica courthouse alongside his parents and other locals. Although the historical society couldn’t afford fire insurance, Kutzner said he has resolved to clean up the property and rebuild, the same way the community did nearly 60 years ago.
“The plan is to rebuild,” Kutzner said. “It’s going to be a community effort. It’s going to be a tough road home, but we’ll get it done.”
One resident who plans to rebuild is Sean Rains. He left Bakersfield two years ago and moved to Havilah with his girlfriend and their pit bull, seeking the tranquility of the mountains. Rains, a miner and countertop fabricator, had also been one of the few people holding onto hope of finding buried treasure in Havilah.
In his front yard, Rains kept a shaker table and other equipment to sift soil for flecks of gold.
It was “nothing to make us rich,” he said, but he did find some.
“They say it’s everywhere,” Rains said. “It’s just a matter of whether it’s enough to make it worth your while.”
1
2
3
1.Sean Rains moved to Havilah two years ago and had taken up panning for gold with a shaker table in his frontyard.2.A roadside scene in Havilah.3.Film canisters lay melted on the floor of the Havilah museum, just some of the artifacts lost in the Borel fire.
Rains was also recruited into the historical society. He read old letters in which a sheriff had remarked that the town’s only pastimes were robbing stagecoaches and horse racing. Another recalled how pioneers hauled their carriages over the mountainous terrain by rope.
The historical society had recently installed a water hose at the replica schoolhouse. Because Rains lived nearby, he was asked to help defend the schoolhouse if there was ever a fire.
“I gave them my word,” he said.
So once Rains saw fire crest the mountaintop behind his home and swiftly descend into the valley, he rushed next door to start up the schoolhouse’s water pump. He sprayed down the building and extinguished embers under its front porch.
He eventually turned his attention to his own one-story house, dousing it until the trees in his yard caught fire. He, his girlfriend and their dog sped away in his pickup truck.
“It was licking our heels on the way out of here,” Rains recalled. “It was right on top of us. The winds were crazy in that thing, going in all different directions. It was sucking branches right off the trees. The whole mountain was engulfed.”
Rains returned to town the next morning, walking along Caliente-Bodfish Road to see what was left of Havilah.
The valley’s pines and oaks were charred, and much of the landscape was covered in white ash. Rains’ two-bedroom home was burned to its cobblestone foundation. Two cars he had been restoring were scorched husks. His two ATVs were reduced to skeletal frames.
Kennedy proposes that the federal government should buy Bitcoin until its holdings match the value of the nation’s gold reserves.
US gold reserves are currently around 8,133 tonnes, which is worth around $615 billion. So, this amount of Bitcoin would equate to roughly 9.4 million BTC, which is almost 45% of the total supply.
“I would like to have the federal government begin to buy Bitcoin and to, over the term of my term of office, ultimately have an equivalent amount of Bitcoin that we have gold because Bitcoin is an honest currency.”
His comments came in an interview this week with Custodia Bank CEO Caitlin Long and YouTuber Scott Melker.
RFK Jr. Big on Bitcoin
“Bitcoin was a unique invention, and it was intended to reproduce the intrinsic value of gold,” he said before adding that “it has the advantage over gold in that it is infinitely divisible, and so it is an ideal currency.”
He also said that he was happy that rival presidential candidate Donald Trump had pivoted to crypto.
“I couldn’t be more happy that Trump has publicly committed to Bitcoin; it’s a new issue for him, and he has not been committed to it in the past,” he said.
Kennedy called Bitcoin an “honest currency” based on proof-of-work and decentralization, adding that he plans to back government fiat currency and debt with a basket of hard currencies, including gold, silver, and BTC.
He suggested a new class of Treasury bills that could be anchored to that basket by 1% in its first year, 2% in the second year, and ultimately 100% over time.
“If we want to save our democracy, we need to decentralize it,” he said before adding that Bitcoin is honest “because there is nobody in charge.”
“Americans who are buying Bitcoin understand that there’s a real link to ending government corruption, to property rights, to personal freedoms, to self-sovereignty, to decentralization … all the things that we care about.”
“A lot of my personal net wealth is now in Bitcoin because I just love the beauty of it,” he said.
Trump’s BTC Treasury
The crypto community rumor mill is awash with stories about what Donald Trump may say at the Bitcoin Conference, which is currently taking place in Nashville.
Rumor has it that Trump may announce a strategic Bitcoin treasury at the conference when he speaks. Rival presidential candidate Kamala Harris will not be attending and is reportedly not fond of crypto, although she has had to catch up on it to attract voters.
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
When Viceroy Chicago executive chef Verlord Laguatan moved to the U.S. from the Philippines 16 years ago, he found all Americans knew about Filipino cuisine was adobo chicken and ube.
The success of Kasama, Boonie Foods, and other spots has demonstrated Chicago now possesses a deeper interest in the cuisine. While working in Wicker Park at Indian street food restaurant Wazwan, he supplemented the South Asian menu with Pinoy-inspiredred items.
Laguatan is now seizing a larger opportunity by bringing Southeast Asian flavors to the Viceroy’s rooftop cocktail lounge, formerly known as Devereaux. The space’s new name is Pandan.
Crispy pork belly steamed buns.Viceroy/Neil John Burger Photography
Lobster dumplings, spicy tuna on crispy rice, and steamed buns.Viceroy/Neil John Burger Photography
“There were plenty of chefs who have come from high-end backgrounds and now they’re starting to represent themselves and their culture,” Laguatan says. “We are now bringing the spice, we are bringing the funk and people are accepting of that. For many years people were like ‘Ohh, what is that smell?’ or “Ohh, that’s too strong for me,” but now people are starting to accept all of it and there’s a sense of adventure when you’re finding something new.”
While there are still a few outdoor tables near the pool — which is only open to hotel guests — most of the space has been enclosed to allow it to stay open and provide views of Lake Michigan and the Chicago skyline throughout the winter. The decor focuses on simple elegance, with a main bar lined with leather high-backed chairs and club chairs positioned around candle-lit cocktail tables.
The bar’s namesake shrub is the star of a signature cocktail blended with lemon, lime, and Don Julio Blanco or Seedlip Notas de Agave for a non-alcoholic version. Pandan foam tops a float made with Ron Zacapa rum, amaro, sarsaparilla, and tiki bitters. Other drink highlights include a wood-smoked blend of bourbon and cardamom and the Flight School, a gin and mezcal-based drink colored purple with violet liqueur and served in a bird-shaped glass.
Viceroy/Neil John Burger Photography
Viceroy/Neil John Burger Photography
Laguatan’s food takes inspiration from Southeast Asia, pairing Filipino classics like pork lumpia and bistek tataki with sweet corn tempura and spicy tuna on crispy rice. The lobster dumplings with coconut curry, crispy shallots, and cilantro oil are inspired by the Nihari momo Laguatan made when working with chef Zubair Mohajir at Wazwan. The goal is to show the qualities that unify the region’s food.
“Every island [of the Philippines] definitely has their own way of cooking and you’ll find throughout Southeast Asia some people eat spicy, some people don’t,” Laguatan says. “The biggest thing that will always be consistent is that there will be some funk to it. You’ll get your fish sauce and other ferments in there and all tropical fruits and other warm weather ingredients.”
Flight School (Tanqueray No. Ten, mezcal unión el viejo, crème de violette, cocchi americano, lemon)Viceroy/Neil John Burger Photography
Viceroy/Neil John Burger Photography
Classic cocktails and more familiar bites like Thai fried chicken and nori fries are also available. Keeping to the farm-to-table focus of Viceroy’s ground-floor restaurant Somerset, Pandan’s produce is sourced from Mick Klug and Nichols farms. Laguatan is also growing ingredients; he operates a garden and beehives on the roof above the kitchen, one of the first projects he started after joining Viceroy three years ago. The menu will change seasonally, with warm cocktails rolling out for winter.
“We’re continuously improving this garden, adding more things and using it as a learning platform for our cooks and sometimes our guests,” Laguatan says. “It’s for them to understand when ingredients are at their best and hopefully we can carry on this learning culture of using what’s around us. Working with our farmers and local vendors is how we keep our community alive.”
Pandan, 1112 N. State Street, opening Thursday, June 20.
The U.S. Olympic team is coming into shape.Penn State University hosted the Olympic Trials this weekend, with dozens of athletes vying for just 18 spots available on Team USA.The state of Maryland will be well represented at the highest level.Hagerstown native Aaron Brooks put together a major upset, beating the reigning gold medalist and fellow Nittany Lion David Taylor.Brooks defeated Taylor 4-1, marking Taylor’s first loss to an American wrestler in seven years. The Penn State wrestlers shared a moment of respect after the match.Video above: Olympic athletes share stories of perseverance, strengthHelen Mouralis, of Rockville, is also a reigning gold medalist. She will return to the Olympic Games after beating Jacarra Winchester 6-0. She notched a takedown just seconds into the match, and the points piled up from there.Kyle Snyder, of Woodbine, will also make the trip to Paris this summer. He didn’t give up a single point in his championship series against Isaac Trumble. Snyder won gold in the 2016 Rio Olympics. This will be his third time qualifying for Team U.S.A.”It’s different. The first time you do it, you’re real happy, and now it’s almost an expectation of myself. And then, the real fun starts when you make the team, and you’re competing for world Olympic medals, so I’m looking forward to training this summer and getting into that,” Snyder said.A total of 18 wrestlers made the U.S. wrestling squad, but only 13 of those wrestlers qualified directly for Paris. The other five will head to Istanbul for a world qualification tournament in May in order to make the final roster.There are just over three months remaining until the start of the 2024 Olympic Games in Paris. The opening ceremony takes place on July 26.
The U.S. Olympic team is coming into shape.
Penn State University hosted the Olympic Trials this weekend, with dozens of athletes vying for just 18 spots available on Team USA.
The state of Maryland will be well represented at the highest level.
Hagerstown native Aaron Brooks put together a major upset, beating the reigning gold medalist and fellow Nittany Lion David Taylor.
Brooks defeated Taylor 4-1, marking Taylor’s first loss to an American wrestler in seven years. The Penn State wrestlers shared a moment of respect after the match.
Video above: Olympic athletes share stories of perseverance, strength
Helen Mouralis, of Rockville, is also a reigning gold medalist. She will return to the Olympic Games after beating Jacarra Winchester 6-0. She notched a takedown just seconds into the match, and the points piled up from there.
Kyle Snyder, of Woodbine, will also make the trip to Paris this summer. He didn’t give up a single point in his championship series against Isaac Trumble. Snyder won gold in the 2016 Rio Olympics. This will be his third time qualifying for Team U.S.A.
“It’s different. The first time you do it, you’re real happy, and now it’s almost an expectation of myself. And then, the real fun starts when you make the team, and you’re competing for world Olympic medals, so I’m looking forward to training this summer and getting into that,” Snyder said.
A total of 18 wrestlers made the U.S. wrestling squad, but only 13 of those wrestlers qualified directly for Paris. The other five will head to Istanbul for a world qualification tournament in May in order to make the final roster.
There are just over three months remaining until the start of the 2024 Olympic Games in Paris. The opening ceremony takes place on July 26.
The U.S. Olympic team is coming into shape.Penn State University hosted the Olympic Trials this weekend, with dozens of athletes vying for just 18 spots available on Team USA.The state of Maryland will be well represented at the highest level.Hagerstown native Aaron Brooks put together a major upset, beating the reigning gold medalist and fellow Nittany Lion David Taylor.Brooks defeated Taylor 4-1, marking Taylor’s first loss to an American wrestler in seven years. The Penn State wrestlers shared a moment of respect after the match.Video above: Olympic athletes share stories of perseverance, strengthHelen Mouralis, of Rockville, is also a reigning gold medalist. She will return to the Olympic Games after beating Jacarra Winchester 6-0. She notched a takedown just seconds into the match, and the points piled up from there.Kyle Snyder, of Woodbine, will also make the trip to Paris this summer. He didn’t give up a single point in his championship series against Isaac Trumble. Snyder won gold in the 2016 Rio Olympics. This will be his third time qualifying for Team U.S.A.”It’s different. The first time you do it, you’re real happy, and now it’s almost an expectation of myself. And then, the real fun starts when you make the team, and you’re competing for world Olympic medals, so I’m looking forward to training this summer and getting into that,” Snyder said.A total of 18 wrestlers made the U.S. wrestling squad, but only 13 of those wrestlers qualified directly for Paris. The other five will head to Istanbul for a world qualification tournament in May in order to make the final roster.There are just over three months remaining until the start of the 2024 Olympic Games in Paris. The opening ceremony takes place on July 26.
The U.S. Olympic team is coming into shape.
Penn State University hosted the Olympic Trials this weekend, with dozens of athletes vying for just 18 spots available on Team USA.
The state of Maryland will be well represented at the highest level.
Hagerstown native Aaron Brooks put together a major upset, beating the reigning gold medalist and fellow Nittany Lion David Taylor.
Brooks defeated Taylor 4-1, marking Taylor’s first loss to an American wrestler in seven years. The Penn State wrestlers shared a moment of respect after the match.
Video above: Olympic athletes share stories of perseverance, strength
Helen Mouralis, of Rockville, is also a reigning gold medalist. She will return to the Olympic Games after beating Jacarra Winchester 6-0. She notched a takedown just seconds into the match, and the points piled up from there.
Kyle Snyder, of Woodbine, will also make the trip to Paris this summer. He didn’t give up a single point in his championship series against Isaac Trumble. Snyder won gold in the 2016 Rio Olympics. This will be his third time qualifying for Team U.S.A.
“It’s different. The first time you do it, you’re real happy, and now it’s almost an expectation of myself. And then, the real fun starts when you make the team, and you’re competing for world Olympic medals, so I’m looking forward to training this summer and getting into that,” Snyder said.
A total of 18 wrestlers made the U.S. wrestling squad, but only 13 of those wrestlers qualified directly for Paris. The other five will head to Istanbul for a world qualification tournament in May in order to make the final roster.
There are just over three months remaining until the start of the 2024 Olympic Games in Paris. The opening ceremony takes place on July 26.
(Bloomberg) — Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent.
Most Read from Bloomberg
Worsening geopolitical tensions, including war in the Middle East and Ukraine, and the prospect of lower US interest rates all burnish gold’s billing as an investment. But juicing the rally is unrelenting Chinese demand, as retail shoppers, fund investors, futures traders and even the central bank look to bullion as a store of value in uncertain times.
Biggest Buyer
China and India have typically vied over the title of world’s biggest buyer. But that shifted last year as Chinese consumption of jewelry, bars and coins swelled to record levels. China’s gold jewelry demand rose 10% while India’s fell 6%. Chinese bar and coin investments, meanwhile, surged 28%.
And there’s still room for demand to grow, said Philip Klapwijk, managing director of Hong Kong-based consultant Precious Metals Insights Ltd. Amid limited investment options in China, the protracted crisis in its property sector, volatile stock markets and a weakening yuan are all driving money to assets that are perceived to be safer.
“The weight of money available under these circumstances for an asset like gold – and actually for new buyers to come in – is pretty considerable,” he said. “There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money into.”
Imports Jump
Although China mines more gold than any other country, it still needs to import a lot and the quantities are getting larger. In the last two years, overseas purchases totaled over 2,800 tons — more than all of the metal that backs exchange-traded funds around the world, or about a third of the stockpiles held by the US Federal Reserve.
Even so, the pace of shipments has accelerated lately. Imports surged in the run-up to China’s Lunar New Year, a peak season for gifts, and over the first two months of the year are 53% higher than they were in 2023.
Central Bank
The People’s Bank of China has been on a buying spree for 17 straight months, its longest-ever run of purchases, as it looks to diversify its reserves away from the dollar and hedge against currency depreciation.
It’s the keenest buyer among a number central banks that are favoring gold. The official sector snapped up near-record levels of the precious metal last year and is expected to keep purchases elevated in 2024.
Shanghai Premium
It’s indicative of gold’s allure that Chinese demand remains so buoyant, despite record prices and a weaker yuan that robs buyers of purchasing power.
As a major importer, gold buyers in China often have to pay a premium over international prices. That jumped to $89 an ounce at the start of the month. The average over the past year is $35 versus a historical average of just $7.
For sure, sky-high prices are likely to temper some enthusiasm for bullion, but the market’s proving to be unusually resilient. Chinese consumers have typically snapped up gold when prices drop, which has helped establish a floor for the market during times of weakness. Not so this time, as China’s appetite is helping to prop up prices at much higher levels.
That suggests the rally is sustainable and gold buyers everywhere should be comforted by China’s booming demand, said Nikos Kavalis, managing director at consultancy Metals Focus Ltd.
China’s authorities, which can be quite hostile to market speculation, are less sanguine. State media have warned investors to be cautious in chasing the rally, while both the Shanghai Gold Exchange and Shanghai Futures Exchange have raised margin requirements on some contracts to snuff out excessive risk-taking. SHFE’s move followed a surge in daily trading volumes to a five-year high.
ETF Flows
A less frenetic way to invest in gold is via exchange-traded funds. Money has flowed into gold ETFs in mainland China during almost every month since June, according to Bloomberg Intelligence. That compares with chunky outflows in gold funds in the rest of the world.
The influx of money has totaled $1.3 billion so far this year, compared with $4 billion in outflows from funds overseas. Restrictions on investing in China are again a factor here, given the fewer options for Chinese beyond domestic property and stocks.
Chinese demand could continue to rise as investors look to diversify their holdings with commodities, BI analyst Rebecca Sin said in a note.
The cryptocurrency market is known and critiqued (by some) for its enhanced volatility, a good example of which it witnessed in the past 12 hours or so when prices tumbled, leaving nearly $1 billion in liquidations.
Bitcoin was among the least affected assets, but its price still tumbled from around $71,000 to $65,000 before it recovered to approximately $67,000.
Volatility Across All Markets
The altcoins, however, plunged hard, with numerous double-digit declines within hours. Yet, price declines were evident even in more mature industries, like the US stock markets, where the S&P 500 fell from over 5,210 to under 5,100 in minutes, and so did the Dow Jones Industrial Average and the Nasdaq Composite.
Even gold, arguably the asset best known for its stability amid crisis and lack of volatility, decreased by 4% in hours from its all-time high of $2,433 to $2,333.
Before that, the precious metal was on a roll, especially since it decisively broke above $2,000 earlier this year. The geopolitical tension in Europe and the Middle East propelled further gains, but Iran’s inclusion resulted in massive price increases that drove gold to its aforementioned highest price against the dollar.
XAUUSD. Source: TradingView
However, all markets were seemingly impacted by the latest comments coming from various US Federal Reserve high-ranking officials. Raphael Bostic, the President of Atlanta’s Federal Reserve Bank, as well as San Francisco’s President – Mary Daly – were among those who forecasted a delay in the central bank’s potential pivot from its current monetary policy.
Both branch Presidents were quick to refute the rumors that the Fed would start cutting interest rates anytime soon. Daly indicated that “there is still a lot of work to do” and that there is “absolutely” no urgency to reduce the rates.
Crypto Market Outlook
Although these comments should indeed lead to volatility in riskier markets like crypto, or even Wall Street, gold should actually be spared. Furthermore, given its status as safe haven, its price against the dollar might increase following such comments.
However, the greenback actually rose against other currencies. This is because higher interest rates lead to fewer loans and less cheap money, at least in theory.
Nevertheless, the crypto market is still deep in the red on a daily scale but has recovered some ground since the lows seen last night. After all, more than $250 billion left the market within hours at one point, but there are some promising signals for the next few weeks. Most importantly, the Bitcoin halving is scheduled to take place in just days, an event highly regarded as a catalyst for a new bull run, at least historically.
SPECIAL OFFER (Sponsored)
LIMITED OFFER 2024 for CryptoPotato readers at Bybit: Use this link to register and open a $500 BTC-USDT position on Bybit Exchange for free!
In contrast to Bitcoin-tracking exchange-traded funds (ETFs), gold-tracking ETFs have witnessed significant outflows this year.
On February 14, Eric Balchunas, an analyst at Bloomberg Intelligence, disclosed that gold ETFs in the top 14 rankings have experienced a combined outflow of $2.4 billion since January.
Gold ETFs Experience $2.4 Billion Outflows
BlackRock’s iShares Gold Trust Micro and iShares Gold Trust experienced significant outflows, with $230.4 million and $423.6 million lost, respectively. These outflows coincided with a 3.4% decline in gold prices since the beginning of the year, reaching a two-month low of $1,993 per ounce on February 14.
Only a few leading gold ETFs deviated from this trend, as VanEck Merk Gold Shares, FT Vest Gold Strategy Target Income ETF, and Proshares UltraShort Gold recorded minor inflows.
According to research conducted by the World Gold Council dated February 7, this downward trend contributed to a 2% decline in total assets under management (AUM), falling to $210 billion, and a 1% decrease in gold prices at that time.
Meanwhile, according to data from Lookonchain, Bitcoin ETFs have garnered significant inflows, accumulating a total of 705,566 BTC this year across nine approved funds.
Feb 14 Update:#iShares(#Blackrock) added 10,003 $BTC($518M) today and currently holds 105,280 $BTC($5.45B).
February 14 alone saw ETF inflows totaling a solid $631 million, with BlackRock’s ETF reaching the $5 billion mark. Bitcoin’s price has also experienced an increase, surging by 23.5% over the same period, reaching a two-year high of $52,483 on February 14.
Analysts Weigh In
Portfolio manager “Bitcoin Munger” remarked on the significant shift in investment preferences, highlighting BTC’s appeal alongside the substantial AUM losses faced by gold ETFs.
However, analysts like Balchunas cautioned against interpreting this as a mass migration from gold to Bitcoin, attributing it to a fear of missing out (FOMO) in the U.S. equity market.
Bitcoin pioneer Jameson Lopp, on the other hand, shared a chart comparing the performance of the two ETFs, inquiring about the status of gold advocate and Bitcoin skeptic Peter Schiff.
Earlier this month, the World Gold Council shed light on the global gold ETF outflows, citing a reduction in speculative positioning and headwinds from long-term Treasuries and the U.S. dollar as contributing factors to gold’s lackluster performance.
These developments contradict the prediction by Bloomberg senior commodity strategist Mike McGlone, who anticipated gold outperforming Bitcoin in 2024.
SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
COLONIE, N.Y. (NEWS10) — In honor of South Colonie school district’s 75th anniversary, the entire school community was invited to the Garnet and Gold Chili Cook off.
The event held two purposes: showcasing samples of delicious chili and mac and cheese and raising money for Things of My Very Own and the United for Alice Project.
The United For Alice Project works to find solutions to promote financial stability at local, state, and national levels, and Things of My Very Own provides crisis intervention services and programs for children.
Howard Marks, co-founder of Oaktree Capital Management, questions the intrinsic value of Bitcoin and gold, favoring high-yield bond funds as a more secure investment option.
In a recent episode of the Merryn Talks Money podcast, Howard Marks, co-founder of Oaktree Capital Management, expressed his views on Bitcoin and gold, suggesting a lack of intrinsic value.
Marks, whose firm specializes in distressed debt and manages about $180 billion, highlighted gold’s historical reliability but questioned its fundamental justification.
Discussing the current investment climate, Marks noted a significant shift, indicating that the era of 0% interest rates is likely over, advising investors to explore alternatives like high-yield bond funds.
According to Marks, these funds offer considerable returns and are inherently safer due to the nature of fixed-income securities. This perspective suggests a cautious approach towards more speculative assets like Bitcoin (BTC) and gold, favoring more traditional investment strategies.
Bitcoin ETFs versus Gold ETFs
In 2024, Bitcoin and gold ETFs are quite different in their behavior in the market. Bitcoin ETFs are new and exciting, especially since the SEC recently approved them. However, prices can change significantly due to regulations or events in the Bitcoin world, such as the upcoming Bitcoin halving.
Conversely, Gold ETFs have been steadier. In 2023, the GLD ETF surged by nearly 13%, according to MarketWatch.com, meaning gold ETFs are becoming more stable and could continue to grow.
While Bitcoin ETFs are new and can be volatile from a price perspective, gold ETFs do not vary as much as their BTC counterparts. Both are important in their respective markets but differ regarding risk and how the ETFs react to market changes.
A guest of mine who I made a good impression on, apparently, decided to gift me this gold plated dollar bill. It’s legal tender in several places, honest to god, but I’m going to get it graded and then professionally framed and put in my office. With this and the Lions winning tonight, I’m doing pretty damn good lately.
Value Partners, a Hong Kong-listed company, is set on issuing blockchain tokens backed by physical gold and filing applications for crypto-related ETFs.
According to local media Hong Kong Commercial Daily, the firm plans to tokenize its three tons of gold bars worth an estimated $201 million at current prices.
Value Partners already offers the only Hong Kong gold ETF backed by physical gold and believes digitizing its precious metal with blockchain technology will only improve accessibility for investors.
The move comes after gold hit its all-time high and traded at $2,150 on some venues in December 2023. Gold gained over 14% per data from TradingView.
Additionally, Value Partners disclosed its strategy to foray into cryptocurrencies. The Hong Kong asset manager is considering bringing several virtual currency exchange-traded funds to market.
Zhao Shande, senior strategist of ETF business at Value Partners, said Hong Kong’s regulatory structure for cryptos and recent acceptance of digital asset ETFs would incentivize market participants and attract billions in retail capital.
As crypto.news reported, Hong Kong’s Securities and Futures Commission (SFC) with its Monetary Authority (HKMA) signaled readiness to review crypto ETFs due to the increased interest in these investment products.
Unlike the United States Securities and Exchange Commission (SEC), which reportedly favors only in-cash models, Hong Kong financial watchdogs approved both in-cash and in-kind subscriptions.
The regulators published guidelines to oversee companies’ operations to list spot Bitcoin ETFs and other digital asset funds.
Hong Kong authorities also announced stablecoin regulations to allow retail investments. The policy requires issuers to obtain a special license, but provisions for algorithmic stablecoins were not disclosed.
The Bitcoin critic Peter Schiff made yet another bold prediction about the fate of Bitcoin in light of gold’s recent dip following a peak. In a fresh assault on Bitcoin’s potential, Schiff predicted a collapse “more spectacular” than the crypto asset’s recent rally.
Schiff may have convinced himself that Bitcoin is spiraling into oblivion, but the proponents continue to ridicule him.
Swan Song
Schiff argued that gold’s dip below $2,100 triggered a surge in Bitcoin, pushing its value to around $41,000. However, he cautioned that this upward momentum could mark Bitcoin’s “swan song,” suggesting that it might be a prelude to a significant decline.
Schiff attributed Bitcoin’s recent rally to the speculative fervor surrounding spot Bitcoin ETFs, asserting that this excitement is a bubble set to burst. He anticipates a spectacular collapse in the asset’s value, contrasting it with what he sees as a genuine and enduring rally in gold.
While both gold and Bitcoin can function as stores of value, Schiff’s skepticism arises from the perceived speculative nature of the latter. He frequently voices concerns about Bitcoin’s ability to withstand a genuine financial crisis; in Schiff’s view, gold’s current ascent is grounded in real value rather than speculation, positioning it as a more reliable investment compared to the leading crypto.
Proponents of the crypto industry, however, continue to mock his predictions.
Gold and Bitcoin Soar High
Gold surged to a record peak of $2,100 during the initial trading hours on December 4 but later lost a significant portion of those gains. The upward momentum in gold, which had been in progress since early October, reached its high earlier this month, following dovish statements from the US Federal Reserve.
Federal Reserve Chairman Jerome Powell’s assertion that monetary policy had entered a “restrictive territory” caused a sharp decline in the dollar and Treasury yields. This, in turn, propelled gold to an all-time high as expectations for rate cuts by the US Central Bank in early 2024 grew despite efforts to moderate the prevailing optimism.
In a parallel development, the world’s largest crypto – Bitcoin – zoomed past the $40,000 mark for the first time in 2023 on broad enthusiasm about US interest rate cuts and as traders anticipate the approval of a spot Bitcoin ETF.
Bitcoin briefly touched $42,000 – a level not seen since before Terra’s crash last April – before retracing to $41,600 at press time.
SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
HSBC Holdings Plc, one of the world’s leading bullion banks, has launched a blockchain-based platform to modernize the traditional and manual processes of the London gold market. The new platform tokenizes ownership of physical gold housed in HSBC’s London vault, offering a digital representation of gold bars for trading.
A Modern Twist to Gold Trading: HSBC Tokenizes Physical Gold
In an interview, Mark Williamson, the Global Head of FX and Commodities Partnerships and Propositions at HSBC, disclosed that their innovative system employs distributed ledger technology. This “cutting-edge” system uses digital tokens to represent gold bars, facilitating seamless trade through HSBC’s single-dealer platform.
However, HSBC is not the first to venture into using blockchain for simplifying gold investment. In 2016, crypto startup Paxos collaborated with Euroclear to create a blockchain-based settlement service for the London bullion market trades. Although their partnership dissolved a year later, Paxos continued to provide Pax Gold, a digital token backed by physical gold, currently holding a market value of $479 million, according to recent data.
HSBC stands out in this field due to its substantial footprint and impact on the bullion market. Being one of the biggest custodians of precious metals and one of the four clearing members in the London gold market, HSBC plays a crucial role in a sector that witnesses over $30 billion worth of gold transactions daily.
Bringing Blockchain to the Bullion: A Step Towards Modernization
Despite the London gold market’s vast size, with approximately 698,000 gold bars valued at $525 billion stored in the Greater London area, it remains heavily reliant on outdated manual record-keeping and operates entirely over the counter. HSBC’s blockchain platform aims to simplify and streamline this process, providing clients with an easier way to track their gold ownership down to the serial number of each bar.
HSBC’s tokenized system is designed to enhance accessibility and efficiency, with one token equivalent to 0.001 troy ounces, compared to the standard 400 troy ounces for a London gold bar. While the initial focus is on institutional investors, the platform has the potential for future adaptation to enable direct investment in physical gold by retail investors, subject to local regulatory approval.
This initiative is part of HSBC’s broader efforts to integrate blockchain technology across its operations, including HSBC Orion, an existing platform for issuing and storing digital bonds. As the financial industry witnesses an uptick in blockchain-based applications from major institutions like JPMorgan Chase & Co., Euroclear, and Goldman Sachs Group Inc., the market is poised to see whether these innovations will be embraced at scale and deliver the promised enhancements to the traditional financial infrastructure.
As Bitcoinist reported, HSBC’s integration of blockchain technology for gold trading taps into the burgeoning tokenized assets industry, which is predicted to reach a staggering $16 trillion by 2030. The industry’s rapid evolution and promise have positioned certain cryptocurrencies for potentially astronomical growth.
The XRP Ledger ecosystem is pioneering in the tokenized assets space, aiming to transform real-world assets, including real estate, into digital form. Ripple’s ongoing collaborations with global banks to explore practical applications for central bank digital currencies (CBDCs) further solidify XRP’s presence in this domain.
On another front, TrueFi and Pendle Finance are emerging as significant players, innovatively bridging traditional finance and the blockchain. TrueFi is changing the lending sector with its TRU token, offering crypto loans without collateral instead of relying on a user’s creditworthiness.
Pendle Finance, with a current $65 million market cap, is not only making strides in real-world assets but also inviting institutional investors to the blockchain, offering a suite of financial products. As the tokenized assets industry grows, these cryptocurrencies are well-positioned to reap the benefits.
As of this writing, Bitcoin trades at $34,500 with sideways movement on low timeframes.
Fidelity Investments executive Jurrien Timmer compares Bitcoin to “exponential gold,” emphasizing its potential to surpass gold’s value in response to certain economic conditions.
Fidelity Investments’ Director of Global Macro Jurrien Timmer offers a perspective that sees Bitcoin as an “exponential gold,” highlighting its potential to outpace the value increase of gold under specific economic scenarios.
Bitcoin is on the move again (following the pattern of previous boom-bust cycles, so far). What to make of it? Let’s revisit my thesis from late 2020: 🧵 pic.twitter.com/gNFtbOScr2
The value of Bitcoin has been rising, spotlighting its potential not merely as a form of digital money but also as a possible protective asset during economic turbulence. Advocates for Bitcoin suggest that it could serve as a financial safe place in times marked by rampant inflation, sub-zero real interest rates and surging money supply.
This perspective draws parallels with eras like the 1970s and 2000s, when gold proved to be a robust investment, implying that Bitcoin could meet or exceed gold’s historical performance in safeguarding value.
Timmer’s expertise, backed by nearly three decades at Fidelity, informs his bullish stance on Bitcoin. His forecast, made in 2021, predicted Bitcoin’s market price (BTC) could soar to $100,000 by 2023, a significant jump from its current price point of approximately $34,920.
Fidelity’s engagement with cryptocurrency extends beyond mere speculation. The firm boasts a specialized branch, Fidelity Digital Assets, which provides custody and trading services for Bitcoin and Ethereum (ETH). Earlier in the year, the platform quietly expanded to offer retail customer access, signaling a broadening interest and adoption.
Moreover, Fidelity has been proactive in seeking regulatory approval for cryptocurrency-based financial products. The company recently filed a new application for a spot Bitcoin exchange-traded fund, following its initial attempt in 2021.
This move comes as part of a larger industry trend, with asset management behemoths such as BlackRock, WisdomTree, and Invesco also in the queue, awaiting the Securities and Exchange Commission’s decision on multiple Bitcoin ETF applications.
The divergence between Bitcoin’s price and the sentiment surrounding it might signify an oncoming bearish trend in the future. Negative feelings and comments about Bitcoin seem to be outweighing the positive ones, potentially leading to a shift in its trajectory.
This surge in negative sentiment contradicts the surges in Bitcoin’s price and trading activity witnessed in recent days. Despite its current value at $34,100, a downturn in overall sentiment regarding BTC has emerged.
Interestingly, the correlation between Bitcoin and gold has remarkably elevated positive sentiment around the leading cryptocurrency, as it is increasingly perceived as a hedge against economic uncertainty.
At the time of writing, Bitcoin was moving toward the key $35k level with a 0.7% increase in the last day, and a solid 11.4% in the last week, according to figures by Coingecko.
Bitcoin: Appeal Increasing As Form Of Investment
Although a recent drop in sentiment about BTC has been observed – at least during the timeframes when the crypto started bouncing back and forth between the $34K level – it was gaining popularity as an investment overall.
Bitcoin’s connection with gold had reached the highest level since the banking crisis broke out earlier this year, recent data have shown.
Since the start of this year’s banking crisis, data shows that the link between Bitcoin and gold has skyrocketed. This trend is notable because it shows a growing correlation between Bitcoin and gold.
BTC’s correlation to gold is the highest that it’s been since the banking crisis earlier this year pic.twitter.com/tF5juTJx1k
This suggests a possible shift in investor behavior toward safe-haven assets like precious metals and digital currencies in times of economic turmoil.
Amidst the present economic unpredictability, traders are aggressively looking for ways to protect their investment. Gold has always been the conventional safe haven investment choice during times of unrest.
As uncertainty looms large, traders and investors are diversifying their strategies beyond the conventional reliance on gold. This evolving mindset reflects a growing interest in alternative asset classes, including cryptocurrencies like Bitcoin, marking a shift away from the traditional perceptions of wealth protection.
More traders are now setting their sights on the alpha crypto as the next big thing in investment
BTCUSD nears the halfway mark to the key $35K territory. Chart: TradingView.com
The Role Of Miners And Stability Of Bitcoin
The scarcity of Bitcoin is increasingly becoming a focal point that experts believe could have a significant impact on its future price trends. As the creation of new Bitcoins slows due to the escalating mining difficulty, the overall supply of Bitcoin is affected.
The rising mining difficulty, a reflection of the increased computational effort required to mine new Bitcoins, not only affects the supply but also influences the stability of Bitcoin.
The recent surge in mining difficulty has made the process of creating new coins more challenging. Consequently, this factor could have a profound effect on the overall supply of Bitcoin in the market, potentially leading to increased scarcity.
Source: Blockchain.com
Stabilizing The Crypto Market
The relationship between miner profitability and selling pressure underscores a crucial aspect of Bitcoin’s stability. As miner revenues rise, the reduced willingness to sell holdings diminishes the overall market selling pressure, which is pivotal for the stability of Bitcoin.
As Bitcoin gains traction as a hedge against economic instability, the ongoing debate centers on its potential to surpass gold as the new go-to safe-haven asset. The comparison between Bitcoin and gold unfolds, signaling a shift towards Bitcoin’s prominence in the dynamic financial landscape.
Costco is known for its wide variety of deals and exclusive products, from bulk items to goods only available at the wholesale retailer. However, it’s not just groceries and home goods.
The store sells one-ounce gold bars from Rand Refinery in South Africa and PAMP Suisse from Switzerland for around $1,950 to $1,980. Both products have 4.9-star customer ratings on Costco’s website.
Available only through Costco’s website and exclusive to members, the gold bars come with insured, signed-for air shipping through UPS. However, according to the listings, they can’t be returned or refunded.
Costco
Despite the hefty price tag, the gold is flying off the shelves, Costco’s CFO Richard Galanti said during the company’s quarterly earnings call on Tuesday. Galanti revealed that these bars are in high demand and rarely stay in stock for long.
“I’ve gotten a couple of calls that people have seen online that we’ve been selling one-ounce gold bars,” he said. “Yes, but when we load them on the site, they’re typically gone within a few hours, and we limit two per member.”
According to the personal finance platform GoBankingRates, the current estimated price of a one-ounce gold bar is $1,823.34.
:format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/25494861/VCH_pandan_tuna_crispy_rice_3.jpg)
:format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/25494855/VCH_pandan_night_overall_1.jpg)
:format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/25494856/VCH_pandan_bar_1.jpg)
:format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/25494866/VCH_pandan_flight_school_7.jpg)
:format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/25494862/VCH_pandan_night_cocktail_2.jpg)
