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Gold Rally Fuels Global Spike in Illegal Mining – WGC Warns
Rising gold prices are driving a surge in unregulated mining, spreading pollution and empowering criminal networks.
The World Gold Council (WGC) reveals that the ongoing gold rally is pushing artisanal and illegal miners worldwide to expand operations — causing environmental destruction and strengthening organized crime groups.
Illegal & small-scale mining now estimated to supply up to 30% of global gold output.
Widespread use of mercury is contaminating rivers, soil, and communities.
Criminal networks increasingly profit from illegal mining zones, using gold as a revenue stream.
The WGC says formalized, legal processing centers are critical to reducing mercury use and disconnecting illegal miners from criminal supply chains.
#MiningIndustry #commodities #WGC #Environment #GlobalMarkets $PAXG
Rising gold prices are driving a surge in unregulated mining, spreading pollution and empowering criminal networks.
The World Gold Council (WGC) reveals that the ongoing gold rally is pushing artisanal and illegal miners worldwide to expand operations — causing environmental destruction and strengthening organized crime groups.
Illegal & small-scale mining now estimated to supply up to 30% of global gold output.
Widespread use of mercury is contaminating rivers, soil, and communities.
Criminal networks increasingly profit from illegal mining zones, using gold as a revenue stream.
The WGC says formalized, legal processing centers are critical to reducing mercury use and disconnecting illegal miners from criminal supply chains.
#MiningIndustry #commodities #WGC #Environment #GlobalMarkets $PAXG
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Gold Prices Hit Record High: Economic Tension Signals Strengthen Bitcoin's Position as "Digital Gold"
According to data from the World Gold Council (#WGC ), gold prices have impressively increased by 66% since the beginning of the year, pushing market capitalization beyond the 30 trillion USD mark, far surpassing Bitcoin and major tech companies. While this growth is attractive, experts warn that it reflects deep concerns about the global economic health. Gold is a "non-productive" asset, primarily purchased as a safe store of value when investors fear persistent inflation, increasing geopolitical tensions, and expectations that the Federal Reserve (Fed) will cut interest rates.
For the cryptocurrency market, the surge in gold prices is a positive underlying signal. It affirms the growing demand for assets viewed as "safe-haven assets" during times of economic instability. In this context, Bitcoin, often dubbed "Digital Gold," is perfectly positioned to benefit from this trend.
As institutional investors seek new inflation-hedged value storage options, Bitcoin provides similar scarcity to gold but with advantages in portability, decentralization, and divisibility. Macroeconomic instability drives gold prices higher while reinforcing the investment thesis for Bitcoin as a more advanced, modern, and superior version of traditional safe-haven assets. #anh_ba_cong
According to data from the World Gold Council (#WGC ), gold prices have impressively increased by 66% since the beginning of the year, pushing market capitalization beyond the 30 trillion USD mark, far surpassing Bitcoin and major tech companies. While this growth is attractive, experts warn that it reflects deep concerns about the global economic health. Gold is a "non-productive" asset, primarily purchased as a safe store of value when investors fear persistent inflation, increasing geopolitical tensions, and expectations that the Federal Reserve (Fed) will cut interest rates.
For the cryptocurrency market, the surge in gold prices is a positive underlying signal. It affirms the growing demand for assets viewed as "safe-haven assets" during times of economic instability. In this context, Bitcoin, often dubbed "Digital Gold," is perfectly positioned to benefit from this trend.
As institutional investors seek new inflation-hedged value storage options, Bitcoin provides similar scarcity to gold but with advantages in portability, decentralization, and divisibility. Macroeconomic instability drives gold prices higher while reinforcing the investment thesis for Bitcoin as a more advanced, modern, and superior version of traditional safe-haven assets. #anh_ba_cong
Global Gold Demand Hits Record High in Q3 2025 — $146B Surge in Value ✨🏆
According to the World Gold Council’s Q3 2025 Report, global gold demand has soared to 1,313 tons, worth a staggering $146 billion — the highest single-quarter demand ever recorded. International gold prices have reached new highs 50 times this year (as of Oct 30), reflecting massive investor interest and strong market momentum.
Investment demand, especially through gold ETFs, continues to surge. Investors added 222 tons to their holdings in Q3 alone — marking the third straight quarter of inflows, totaling $26 billion. Over the first three quarters of 2025, ETF holdings grew by 619 tons, equivalent to nearly $64 billion in value.
This historic surge highlights gold’s enduring appeal as a safe-haven asset amid global market volatility and economic uncertainty. Analysts anticipate continued bullish sentiment heading into Q4 as central banks and retail investors boost reserves.
Thank you
#Gold #commodities #MarketUpdate #WGC #Write2Earn
According to the World Gold Council’s Q3 2025 Report, global gold demand has soared to 1,313 tons, worth a staggering $146 billion — the highest single-quarter demand ever recorded. International gold prices have reached new highs 50 times this year (as of Oct 30), reflecting massive investor interest and strong market momentum.
Investment demand, especially through gold ETFs, continues to surge. Investors added 222 tons to their holdings in Q3 alone — marking the third straight quarter of inflows, totaling $26 billion. Over the first three quarters of 2025, ETF holdings grew by 619 tons, equivalent to nearly $64 billion in value.
This historic surge highlights gold’s enduring appeal as a safe-haven asset amid global market volatility and economic uncertainty. Analysts anticipate continued bullish sentiment heading into Q4 as central banks and retail investors boost reserves.
Thank you
#Gold #commodities #MarketUpdate #WGC #Write2Earn
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