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gold prices soar as market uncertainty drives safe haven demand
Gold prices have surged, with UBS raising its forecast to $3,200 per ounce amid ongoing trade tensions and market uncertainty. While gold has gained over 14% year-to-date, platinum has struggled, down 3.39%, as ETFs offload the metal. Analysts remain bullish on gold, citing strong demand and central bank purchases, despite potential risks from India's gold bond program and fluctuating investor sentiment in China.
Hidden Road receives MiCA license from Dutch AFM for digital asset services
Hidden Road Partners CIV NL B.V. has secured a license from the Dutch Authority for the Financial Markets (AFM) under the Markets in Crypto Assets Regulation (MiCAR), becoming one of only four companies to do so. This license allows the firm to provide digital asset services across all EEA countries, complementing its existing registrations with the Dutch National Bank and other regulatory bodies. Additionally, Hidden Road has launched Route28, a Synthetic Prime Brokerage offering that facilitates cross-margining and margin financing across various asset classes, supported by a consortium of leading market participants.
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