Gold is expected to remain volatile next week as investors await the release of the US core personal consumption expenditures price index — the Federal Reserve's preferred inflation gauge — for clues about the central bank's rate path following this week's hawkish dot plot, according to market analysts cited by Jinshi on June 20. Why core PCE is the key event "With the Fed now appearing more adaptable to changing circumstances and increasingly sensitive to upcoming inflation data, every important economic data release will have an impact, but the core PCE will be a key event for both the gold and interest rate markets, and next week will be highly data-dependent," said Stephen Innes, Managing Partner at SPI Asset Management. The core PCE reading takes on outsized importance given the context established by Wednesday's FOMC meeting. With 9 of 18 Fed officials now projecting rate hikes in 2026 and the committee's policy statement completely rewritten with reduced forward guidance, markets have fewer pre-committed signals to rely on — meaning each incoming data point, starting with core PCE, will carry disproportionate weight in shaping rate expectations until the Fed's communication framework stabilizes under Warsh. The downside risk: a test of $4,000 Innes warned that stronger-than-expected inflation readings could boost the dollar, push up Treasury yields, and increase the risk of gold testing the $4,000 per ounce level. Gold closed the week near $4,100 — already just over $100 above that psychologically and technically significant threshold, following Goldman Sachs' decision to cut its year-end gold target by $500 to $4,900 on the assumption that the Fed's first rate cut is now pushed to March 2027. A core PCE print above expectations would reinforce exactly the dynamic Goldman flagged: with the Fed's easy-money thesis already being repriced following the hawkish dot plot, additional confirmation of persistent inflation would extend the pressure on gold's no-yield holding cost relative to bonds and cash, pushing the metal further into territory not seen since November. What investors should expect Innes advised gold investors to prepare for increased volatility and remain wary of potential further selloffs heading into the data release. The framing is consistent with the broader "tactically cautious, structurally constructive" view that Goldman's commodity analysts articulated — near-term risk skews to the downside while the metal's longer-term thesis around central bank buying and currency debasement remains intact for those with a multi-year horizon. The read-through for Bitcoin Core PCE's significance extends beyond gold. Given Bitcoin's established pattern of moving in tandem with gold during this macro-dominated phase — both assets falling together when rate hike fears intensify, both rising together on the Iran deal's disinflationary signal — a hot core PCE print carries similar downside risk implications for Bitcoin as it does for gold. With Bitcoin closing the week at $63,671 after a volatile stretch that included the STRC selloff and the hawkish FOMC dot plot, a core PCE surprise to the upside would test the accumulation-driven resilience that has kept Bitcoin above its $59,375 cycle low, while a softer reading could provide the disinflationary confirmation that Mike McCluskey of tx identified as one of the three conditions needed for a genuine, sustained crypto market shift.

Brazil coach Carlo Ancelotti said Neymar "will be available" for Brazil’s final World Cup group-stage match against Scotland after missing the first two games with injury, and added he could make further changes to his lineup. Brazil beat Haiti 3-0 on Friday and next face Scotland on Wednesday, June 24, with an 11 p.m. BST kickoff, according to Yahoo Sports. Ancelotti also said Brazil are awaiting tests on Barcelona winger Raphinha after he went off injured.

Morgan Stanley has been accumulating Bitcoin through recent market weakness, adding 266.56 BTC over the past week through its spot Bitcoin ETF position (MSBT), worth approximately $17.26 million, according to monitoring data from Arkham Intelligence. The recent purchase brings Morgan Stanley's total Bitcoin holdings above 4,300 coins — a position built through the bank's exposure to spot Bitcoin ETF products, allowing it to gain Bitcoin exposure through regulated, traditional financial market infrastructure rather than direct custody.

Bitcoin ETF weekly outflows fell 87% from their peak, dropping from $1.72 billion in the first week of June to $226 million. According to NS3.AI, the figures were reported by Spot On Chain.

Republican Congressman William Timmons, Chairman of the US House Subcommittee on Military and Foreign Affairs, has announced a roundtable scheduled for June 25 examining how digital assets and cryptocurrencies can help individuals protect their wealth, access financial assistance, and maintain economic sovereignty. What the roundtable will cover The discussion will focus on the intersection of digital finance with US national security interests, alongside examining how the United States can maintain competitiveness in the digital financial sector through continued financial innovation. The national security framing is notable — positioning crypto policy not purely as a financial market or consumer protection issue, but as a strategic competitiveness question tied to broader US foreign policy and economic security interests.

Serenity, known online as the “white-haired stock guru,” said that original investment ideas often face strong early opposition, but that markets ultimately determine whether a thesis is right or wrong. According to Odaily, Serenity wrote on X that several of his past stock views were heavily criticized at first, including AXTI, which he said was labeled a “scam company” and led to his related discussions being banned on Reddit’s WallStreetBets forum. He added that AXTI later received Reuters coverage and that company performance in the indium phosphide (InP substrate) wafer industry, along with validation from institutional investors, supported his logic. Serenity also cited RPI, which he said was initially dismissed as a “meme stock” and viewed by analysts as lacking fundamentals, but later financial reports showed an expected 58% increase in future revenue growth and the company was re-evaluated as a high-growth AI hardware firm. He pointed to SIVE as another example, saying it was widely seen as a “meme stock” before gaining institutional buying support and attention from firms including Fidelity Research and JPMorgan Chase, and later announcing partnerships with companies such as Jabil and GlobalFoundries. Serenity said that “the market will ultimately decide what is right or wrong,” rather than angry comments or posts on X. He also listed other cases he said were previously questioned but later gained market recognition, including AAOI around $30, LITE at $300, RKLB at $20, HOOD at $20 following criticism tied to GameStop trading restrictions, IQE as a small U.K. company seen as lacking photonics partnerships, SOI as overvalued in the view of European bank analysts, NBIS as lacking competitive barriers, INTC as unable to compete with TSMC, MRVL amid concerns Broadcom would take ASIC market share, AEHR after what he described as a market misreading of earnings, and EWY amid claims of a bubble in South Korea’s semiconductor cycle.

沃什就任美联储主席后面临的首要难题并非利率该升还是降，而是一个更根本的判断：当前AI繁荣究竟是哪一种繁荣？这一判断将决定美联储的政策走向，也将定义沃什的历史地位。

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、行情与合约数据、矿业信息、项目动态、技术进展等行业动态。

谷歌为数据中心提供担保以撬动自研芯片销售，以850亿美元融资计划为后盾争夺算力客户，博通联合阿波罗、黑石设立350亿美元AI算力平台，并提供信用背书。

AllianceDAO,Cursor,项目,Alliance 联创致创业者的一封信：写在 Cursor 卖出 600 亿美元之际 金色财经,伟大的公司,都是在变得显而易见之前熬出来的。

德银认为，AI对高带宽存储（HBM）的结构性需求疯狂挤占传统产能，供给缺口难以在2027年前弥合。

扩容正在压低短期费用，也在放大Ethereum的结算网络效应。

他说，该司在美政府表达担忧后迅速回应，表现得“非常负责”；不会关闭该司，但不确定是否非得动用法律赋予的紧急权力干预不可。

行情,BTC,股价一个月暴跌32%：全球持有比特币最多的公司怎么了？ 金色财经,股价月跌三成，非致命缺陷。

40万次会话显示，AI降低了编程门槛，也放大了领域判断的价值。

为寻找新的增长曲线，越来越多矿企加速切入AI赛道，这一转型叙事迅速获得得资本市场青睐，不少矿企股价大幅上涨，甚至刷新历史高点。