Page 50 - Bullion World Issue 1 May 2021

Bullion W orld | Issue 01 | Ma y 2021
Bullion World | Issue 01 | May 2021

INTERNATIONAL news

ACU launches a Compared with traditional gold and

gold token based cryptocurrency investment,ACUG has the
on block chain following advantages:

technology

In order to meet the needs of digital
society for convenient and efficient gold
trading, ACU Digital Limited recently
launched ACUG token, combining
traditional gold trading with blockchain.
ACUG has an asset investment method
which is anchored by physical gold
and realized by blockchain technology.
According to the recently released 1. 1ACUG and 1 ounce of gold are increasing the possibility of return on
"Research Report on Current Situation exchanged 1:1. investment.
Analysis and Investment Strategy of 2. Gold is a two-way trade. ACUG is highlighting its own value in
China's Gold Trial Production from 2020 3. Compared with traditional gold the turbulent global environment with a
to 2026", China's gold investment market trading, ACUG has a shorter more stable, reliable and convenient gold
has obviously recovered. This trend may settlement time, which provides token. The first batch of 100,000 ACUG
help ACUG token to quickly occupy the a good opportunity for investors launched on March 22nd has been
market and become the connecting hub to conduct cumulative trading snapped up within one hour. It can be
of the gold market. ACU launches a gold on the same day, thus improving seen that investors are optimistic about
token based on blockchain technology
the utilization rate of funds and ACUG.

Source: https://www.taiwannews.com

S. Africa’s PIC invests South Africas largest money brought great returns over the
last three years. Bhulose stated
manager, Public Investment Corp.,
$7.4B in platinum betting estimates that the platinum miners that the cycle should persist for
on sustained rally would continue to make enormous some time. The dynamics of
supply and demand are quite
payouts as stringent vehicle-
emission regulations impel the strong, and they are talking to
demand and earnings of metals. a tightening market which is
supposed to favour the prices.
The state-owned entity, which
primarily manages South African Bhulose stated that the lack of
government worker pensions, investment in the new mining
stated that it has made investments projects over the last decade
of over 110 billion rand (USD 7.4 implies that supply deficits will
billion) in mining companies such remain. However, the longer-
as Anglo American Platinum, term threat to the demand
Sibanye Stillwater, and Impala resulting from electric vehicles
Platinum Holdings. means that miners must
remain apprehensive about the
According to PICs portfolio expansion.
manager for mining and resources,
Mdu Bhulose, this investment has
Source: https://www.runningafrica.com

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