Gold demand as a store of value

Gesara.news » News » Gold demand as a store of value

Share via:

News Date: June 1, 2022

Central Banks Buying Gold Could Be Catalyst for $3,000 Gold Price.
They have been net buyers of the yellow metal since 2010.
In the first quarter of 2022, they bought gold again, 84 tonnes of it.
Gold Price Analysis: XAUUSD to be in demand as a store of value given record inflation.
Economists expect the yellow metal to remain resilient as Eurozone inflation is set to hit a new record.
Sources: lombardiletter.com, www.fxstreet.com

BRICS to create fairer payment mechanism

BRICS is exploring ideas to create a fairer payment system that reduces dependence on dollars, South African Foreign Minister Naledi Pandor has said.
South Africa is the current BRICS chair.
Source: indiatimes

Full body teleportation system patent

This invention is a system that teleports a human being through hyperspace from one location to another using a pulsed gravitational wave traveling through hyperspace.
Source:patents.google.com

Quantum Space Force

The use of quantum computing, communication, and control could profoundly tip the scales in this next chapter of the space race.
Quantum encryption presents the most enticing hope of a massive security advantage with regard to satellites in space, allowing for the highest level of security possible.
The use of quantum encryption would theoretically prevent hackers from cracking codes and other forms of espionage, military or otherwise. Quantum computing could allow for an exponential military advantage in space.
Satellites equipped with quantum capabilities would enable offensive tactics like surveillance and reconnaissance to be done with greater speed, accuracy, and security than ever before.
Source: projectqsydney.com

Central banks bought a record amount of gold

Record central bank buying lifts global gold demand, WGC says.
Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council (WGC) said on Tuesday.
Sources: reuters.com

Tether Reveals $8B Gold Stash in Secret Swiss Vault

🥇 July 8, 2025: Tether, issuer of the world’s largest stablecoin, quietly amassed 80 tons of gold worth $8 billion — stored in a private Swiss vault.
🏔️🔐 Now among the world’s top non-state gold holders, Tether aims to grow this treasure trove even further. 🌍📈
🏆 June 3, 2025: Tether has just introduced XAUt0, an omnichain gold-backed token now available on the TON blockchain. This move boosts interoperability and mobility of digital gold across multiple networks, bringing the stability of precious metals into the Web3 era.🟡🔗
June 18, 2024: Tether has introduced Alloy, a series of gold-collateralized assets.
The first product, AUSDT, is a token that mirrors the U.S. dollar's value but is backed by Tether Gold (XAUT).
This innovative approach, created by Tether's subsidiaries, Moon Gold NA and Moon Gold El Salvador, aims to provide stable, gold-backed digital assets.
CEO Paolo Ardoino highlighted the novelty and potential market impact of this mechanism.
Initially available on the Ethereum blockchain, AUSDT allows XAUT holders to transact in a dollar-like currency, with over 8 million AUSDT issued, supported by more than 140 kg of gold.