May 6, 2025
Tangible Assets

XAU/USD regains the $3,300 mark, awaits more clues

XAU/USD Current price: $3,311.12 The US April ISM Services PMI came in much better than expected, at 51.6. US Treasury Secretary Bessent said trade deals with different nations could be announced this week. XAU/USD recovered the $3,300 mark and could extend gains in the upcoming sessions. Gold turned higher on Monday, recovering the $3,300 mark

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Tangible Assets

Dundee Precious Metals Announces Passing of Chair R. Peter Gillin

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) announces with great sadness the passing of R. Peter Gillin, Chair of the Company’s Board of Directors since 2022 and a director for the past 16 years. David Rae, President and CEO of Dundee Precious Metals stated: “We

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Tangible Assets

Riot Produces 463 BTC In April During Strategic Transition

Riot Platforms (NASDAQ: RIOT) produced 463 Bitcoin in April 2025, down 13% from March but up 23% year-over-year, according to its latest unaudited monthly production and operations report. The company also sold 475 Bitcoin for net proceeds of $38.8 million at an average price of $81,731, marking a strategic shift in funding operations. “Riot mined

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Tangible Assets

Gold prices move close to $3,300 as the Fed gears up to make its next rate decision

Gold rose to $3,299 ahead of the Fed’s next decision on interest rates later this week.Srinophan69/Getty Images Gold prices rose to $3,299 on Monday morning. The jump came ahead of the Fed’s next interest rate decision on Wednesday. Rates are widely expected to remain unchanged, despite pressure from President Donald Trump. Gold prices rose on

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Tangible Assets

Nintendo Sues Accessory Maker Genki Over “Glitch 2” Switch 2 Range

Nintendo is suing accessory maker Genki over the latter’s “Glitch 2” Switch 2 accessory range, alleging trademark infringement and false advertising under federal and California state law. According to The Game Post, Nintendo’s lawsuit, which was filed last week, claims Genki used Nintendo’s “Switch” and “Joy-Con” trademarks in order to make it seem as though

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Tangible Assets

Triple Flag Precious Metals Corp (TSX:TFPM) Q1 2025 Earnings Report Preview: What to Expect

Triple Flag Precious Metals Corp (TSX:TFPM) is set to release its Q1 2025 earnings on May 6, 2025. The consensus estimate for Q1 2025 revenue is $109.91 million, and the earnings are expected to come in at $0.27 per share. The full year 2025’s revenue is expected to be $436.60 million, and the earnings are

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Tangible Assets

Accessory manufacturer Genki responds after being sued by Nintendo for showing off Switch 2 early

Accessory manufacturer Genki has responded to Nintendo’s trademark infringement lawsuit over its handling of sensitive Switch 2 information. Nintendo recently filed a lawsuit against the company for showing off 3D-printed mockups of Nintendo Switch 2 ahead of Nintendo’s official announcement. The suit accuses Genki’s parent company Human Things of trademark infringement, unfair competition, and false

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Tangible Assets

Have scientists solved the mystery of gold’s origin in the universe? | Science and Technology News

The origins of heavy elements such as gold have been one of the biggest mysteries of astrophysics. A study has now provided a clue about the precious metal’s cosmic origins. Scientists have found that explosions in highly magnetised neutron stars, called magnetars, could have created gold in the universe. Here is more about the study:

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Tangible Assets

Which asset will shine brighter in 2025 for global investors?

Dubai: In the ever-evolving world of investing, two titans continue to dominate the “store of value” conversation: gold and Bitcoin. As markets face continued volatility and global economic uncertainty, investors are once again asking—where should I park my money in 2025? For centuries, gold has been the ultimate safe haven. Its reputation is built on

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Tangible Assets

Field Of Gold all set to try and given John Gosden a first 2000 Guineas winner

John Gosden believes that victory in the Betfred 2000 Guineas for Field Of Gold at Newmarket on Saturday would “close the circle” for the near miss he suffered in the race with his sire Kingman 11 years ago. The Newmarket handler will look to end his long wait for a first victory in the opening

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