Battery Demand
The dead asset wakes up as crypto magic makes gold pay interest
Suvashree Ghosh and Yihui Xie
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, April 23, 2026
Jewelers have long used a simple mechanism to protect themselves against volatile gold prices -- borrow the precious metal rather than buy it outright.
It's a trick with origins in antiquity and used from the gold souks of Dubai to the bullion desks of India, allowing artisans to produce and sell their wares before settling the tab to align costs with revenue.
... Dispatch continues bel
Tickers: AGMAGSILV
Suvashree Ghosh and Yihui Xie
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, April 23, 2026
Jewelers have long used a simple mechanism to protect themselves against volatile gold prices -- borrow the precious metal rather than buy it outright.
It's a trick with origins in antiquity and used from the gold souks of Dubai to the bullion desks of India, allowing artisans to produce and sell their wares before settling the tab to align costs with revenue.
... Dispatch continues below ...
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If gold prices rise, the value of the rings and necklaces in the display case climbs with the debt. If they fall, both shrink together. The trade-off is interest on the loan.
Now a jeweler, an asset manager, and a fintech firm are wrapping this age-old wisdom in a crypto token, offering investors gold that actually pays a yield. ...
... For the remainder of the report:
https://finance.yahoo.com/markets/crypto/articles/dead-asset-wakes-crypto-magic-070002500.html
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