– spot price of precious metal increases 19% in Q1 of 2025 –

LONDON, April 3, 2025 /PRNewswire/ — Gold’s meteoric rise continues, with the precious metal setting its 21st record high of the year.

The economic uncertainty caused by Trump’s tariff assault has been a major driver of gold’s price with ‘safe-haven’ buying pushing the precious metal to an unprecedented $3170.65 per troy ounce^[1]. Between April 1st, 2024, and April 1st, 2025, gold has risen $902.5 per troy ounce, equating to a 40.2% gain. The S&P 500 and FTSE 100 have posted more modest gains of 7.2% and 8.8%, respectively, over the same period, while the US Dollar Index (DXY), which measures the dollar’s strength against a basket of major currencies and typically moves inversely to gold, has declined nearly 6% since Trump’s inauguration on January 20th, 2025.

Central banks remain key players in gold’s ascent. The World Gold Council’s Gold Demand Trends: Full Year 2024 report said that central bank buying had exceeded 1,000t for the third consecutive year, accelerating sharply in Q4. It also highlighted in March that central banks remained bullish on bullion in January 2025 and had reported 18t of net purchases at the start of the year.  

Paul Williams, managing director of Solomon Global, a company specialising in the secure delivery of physical gold bars and coins for private ownership, stated in March that gold at $3,500 by summer was within the realms of possibility. Goldman Sachs, in a report released on March 26^th, upped its year-end gold price outlook and noted that in a tail-risk scenario, gold prices could even exceed $4,200 per troy ounce by the end of 2025.

“Gold’s soaring value is a stark barometer of global unease, reflecting deep economical and geopolitical tensions,” said Paul Williams, MD of Solomon Global. “With no relief in sight for the forces driving this surge, any significant near-term retreat seems unlikely. Even at record levels, gold demand remains robust because investors recognise the precious metal’s ongoing role as a hedge against inflation, geopolitical instability, and financial market volatility.”

For more information about Solomon Global’s products and services, visit the website at https://solomon-global.com.

NOTES TO EDITORS

About Solomon Global

Solomon Global specialises in the secure delivery of physical gold bars and coins for private ownership. The company takes a uniquely consultative approach to purchasing and selling physical gold and silver, regardless of the investment amount. Its simple and tailored strategy is designed to work with beginners and experienced investors alike.

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Solomon Global’s team of experienced professionals is always available to provide practical solutions for clients – including products that are exempt from Capital Gains Tax – and assist with any inquiries.

Solomon Global was awarded ‘Most Trusted UK Gold Bullion Supplier 2024’ at The London Investor Show Awards 2024.

For any questions about buying or selling gold and silver, contact the team here: https://solomon-global.com/contact/ 

For further press information, please contact: Francesca De Franco on 0794 125 3135 or email fdefranco1@gmail.com 

^[1]Hit a peak of $3170.65 on April, 3^rd 2025 (source: https://www.royalmint.com/gold-price)   

[i][i] Disclaimer: This press release is for informational purposes only and does not constitute financial advice. Buying physical gold as an investment involves risk, as the value of precious metal prices can be volatile. Historical financial performance does not necessarily give a guide of future financial performance. We recommend that you conduct your own independent research and seek professional tax, legal and financial advice before making any investment decisions.

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VICTORIA, Seychelles, April 3, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.

Unwavering Commitment to Compliance

KuCoin’s growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin’s application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.

Trusted and Innovative Solutions Driving Growth

KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.

A Word from CEO of KuCoin

“Our journey to 40 million users is not just a number—it’s a testament to the trust we’ve built with our users across the globe,” said BC Wong, CEO of KuCoin. “We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users.”

Looking Forward

As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.

About KuCoin

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Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

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AUSTIN, Texas, April 3, 2025 /PRNewswire/ — Trammell Venture Partners (“TVP”), an Austin-based venture capital firm, today announced the third annual results of its proprietary research on the growth of the Bitcoin-native startup and venture capital landscape. TVP research shows the Bitcoin startup sector continued its breakout category growth trend of forming and investing in new companies, despite the decline in total dollars invested due to the broader venture investment pullback. With a 50% year-over-year increase in transaction count, and a remarkable 767% increase in funding rounds since 2021, the Pre-Seed stage built on its prior years of growth in 2024.

TVP’s analysis indicates that early-stage, Bitcoin-native startups raised nearly $1.2 billion during the 2021-2024 period, based on four years of longitudinal data research.

“One or two years’ data might represent an anomaly, but with four consecutive years of year-over-year growth at the earliest stage of Bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,” said Christopher Calicott, TVP’s managing director. “Many entrepreneurs across crypto are revisiting the Bitcoin stack as the long-term place to build their companies. It makes perfect sense: the objectively most secure, reliable, and decentralized blockchain is the obvious platform of choice, given the increasing capability to build there. And as this wave of early-stage companies find traction, increasing amounts of crypto value will accrue to the Bitcoin stack—a core thesis for TVP.”

The annual release of TVP’s Bitcoin-Native Venture Capital Landscape Research Brief augments the available research for Bitcoin startups. This research aims to support the institutionalization of venture investment for this emerging growth category within crypto and blockchain venture capital.

The TVP Bitcoin startup investment research brief is available for download.

About Trammell Venture Partners

Trammell Venture Partners, founded in 2016, is an Austin-based early-stage venture capital firm investing in Bitcoin-native, security and privacy tech, and applied AI companies. Since 2020, TVP has focused on backing founders building on the layers of the Bitcoin protocol stack via the venture capital industry’s first dedicated Bitcoin-native mandated VC fund series: The TVP Bitcoin Venture Fund series. Find out more about TVP on the web, LinkedIn, X, or find a Bitcoin job on the TVP bitcoin and crypto Jobs Board.

Media Contact: Zach Young
Email: media@tvp.fund

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