Lighthouse Canton says gold displaces US Treasuries as top global reserve asset amid US debt fears

Reuters2026/08/31 06:26

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Lighthouse Canton flagged gold as a structural reserve-asset trade, citing US federal debt above $40 trillion with no credible deficit-reduction plan.
Gold was described as rebounding despite a prior 25%-27% drawdown from a $5,597/oz peak earlier this year.
India-focused strategy shifts from ETFs toward listed equities geared to higher gold prices, led by specialist gold-loan NBFCs.
Muthoot Finance gold-loan AUM hit INR 1.63 lakh crore in Q1 FY27, up 44% YoY; Manappuram reached INR 57,006 crore, up 98% YoY.
MCX was positioned as a bullion-volume beneficiary, with gold and silver at roughly 77% of futures turnover; Titan cited for formalization gains.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lighthouse Canton Pte Ltd published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Lighthouse Canton says gold displaces US Treasuries as top global reserve asset amid US debt fears

You may also like

Crypto prices