Today’s top gold news and opinion

1/16/2024

Goldman Sees India’s Rising Affluent Class Buy Up Premium Goods (Bloomberg)
The country’s affluent class is expected to nearly double to 100 million people within three years

Why the launch of bitcoin ETFs threatens the market for gold (Market Watch)
The bitcoin ETFs are a sign that a new asset class is “emerging into the public’s investable category in a compliant way, just like what gold did about 20 years ago”

Uranium prices hit 12-year high as governments warm to nuclear power (FT)
Prices for the commodity dubbed “yellowcake” have jumped about 12 per cent to $65.50 per pound over the past month