Gold Price Surge, AI Warfare, and Crypto Regulation Headlines Week

The world of finance saw significant developments this week, with gold prices potentially reaching a new milestone, AI poised to reshape warfare, and crypto exchanges navigating regulatory hurdles.

Gold Prices Could Hit $3,000 in 3 Months

Citi predicts a bullish surge in gold prices, potentially reaching $3,000 within the next three months. Friday’s opening bell saw gold trading at $2,861, highlighting the increasing investor interest in this precious metal.

Musk Declares AI, Drones the Future of Warfare

Elon Musk, the visionary CEO of SpaceX, Tesla, and X, has boldly declared that the future of war will be heavily influenced by artificial intelligence and drones. This statement signals a significant shift in military strategy and technology.

ByBit Resumes India Services After Penalty Settlement

Cryptocurrency exchange ByBit has successfully resumed operations in India after registering with the country’s Financial Intelligence Unit (FIU). This registration followed a $1 million non-compliance penalty settled by the exchange.

US Lawmakers Propose Stablecoin Bill to Boost Dollar Dominance

US lawmakers, led by House Financial Services Committee Chairman French Hill, are working with the Trump administration to introduce dollar-backed stablecoins for Americans. This initiative aims to strengthen the US dollar’s position on the global stage.

Crypto Market Remains Lackluster

The cryptocurrency market saw lackluster performance this week. Bitcoin, the leading cryptocurrency, is approaching a potential drop below $97,000. Investors remain cautious and closely watching market trends.

Overall, the week saw a complex interplay of factors, from potentially record-breaking gold prices to the futuristic potential of AI warfare, highlighting the ever-changing landscape of the global financial system. The crypto market awaits its next surge, and regulation continues to shape the future of digital currencies.