The post Gold continues to attract investment flows – ING appeared on BitcoinEthereumNews.com. Gold edged closer to previous record highs yesterday, while silver prices broke above $45/oz (the highest since May 2011), ING’s commodity experts Ewa Manthey and Warren Patterson note. Demand rises for safe haven assets “The rally was driven by the broad weakness across financial markets amid growing geopolitical concerns and the outlook for the economy. Traders are also closely watching Friday’s release of the US personal consumption expenditures price index – the Federal Reserve’s preferred inflation gauge. A tame inflation reading could strengthen the case for interest rate cuts and would further support the precious metals complex.” “Gold has gained almost 43% so far this year, supported by a weaker dollar, central bank buying, inflows into ETF holdings and geopolitical tensions. Total known Gold ETF holdings have increased by more than 12.8moz this year to stand at 96.2moz as of yesterday (the highest since October 2022) amid rising demand for safe haven assets.” Source: https://www.fxstreet.com/news/gold-continues-to-attract-investment-flows-ing-202509260954The post Gold continues to attract investment flows – ING appeared on BitcoinEthereumNews.com. Gold edged closer to previous record highs yesterday, while silver prices broke above $45/oz (the highest since May 2011), ING’s commodity experts Ewa Manthey and Warren Patterson note. Demand rises for safe haven assets “The rally was driven by the broad weakness across financial markets amid growing geopolitical concerns and the outlook for the economy. Traders are also closely watching Friday’s release of the US personal consumption expenditures price index – the Federal Reserve’s preferred inflation gauge. A tame inflation reading could strengthen the case for interest rate cuts and would further support the precious metals complex.” “Gold has gained almost 43% so far this year, supported by a weaker dollar, central bank buying, inflows into ETF holdings and geopolitical tensions. Total known Gold ETF holdings have increased by more than 12.8moz this year to stand at 96.2moz as of yesterday (the highest since October 2022) amid rising demand for safe haven assets.” Source: https://www.fxstreet.com/news/gold-continues-to-attract-investment-flows-ing-202509260954

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more