Metals News
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A jeweller was charged in court on Tuesday (May 7) for failing to perform customer due diligence as part of anti-money laundering measures. Kim Heng Jewellers and Goldsmiths, located at People's Park Complex in Chinatown, allegedly committed the offence on three occasions between September and October last year, when it handled gold transactions worth more ...
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Afghanistan’s top diplomat in India resigned days after she was reportedly caught by airport authorities smuggling nearly $2 million worth of gold into the country. Zakia Wardak, the Afghan Consul-General in India’s financial capital Mumbai, posted a statement on social media platform X announcing her resignation. Afghanistan’s embassy in New Delhi shut ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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post: RBA'S GOV. BULLOCK: WE BELIEVE RATES ARE AT THE RIGHT LEVEL TO GET INFLATION BACK TO TARGET. post: RBA'S GOV. BULLOCK: DATA ARE PROVING BUMPY, WE ARE TAKING A LONGER VIEW.
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Our gold and silver analysis remains bullish. The precious metals' prices rose on Monday before easing back a little at the time of writing on Tuesday. Out of the two metals, silver’s rise was more eye-catching as the new week began, with the metal rising a good 3.3% on the session. Silver rally has helped it to climb out of a consolidation pattern, ...
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Copper prices in London rose on Tuesday, hovering near a key resistance level of $10,000 a metric ton, buoyed by funds’ buying amid Chinese authorities’ support pledges and risk-on sentiment spilling over from the equities markets. Three-month copper on the London Metal Exchange (LME) rose 0.7% to $9,978 a ton by 0759 GMT, while the most-traded June copper ...
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podcast Over the first two decades of the currency union, labour productivity (output per worker) in the euro area has been weak, at least when compared to other advanced ...
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Chancellor Olaf Scholz pledged to defend Germany’s three Baltic NATO allies in case of a Russian attack, and to complete the establishment of a permanent brigade in Lithuania by ...
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Copper prices in London rose on Tuesday, hovering near a key resistance level of $10,000 a metric ton, buoyed by funds’ buying amid Chinese authorities’ support pledges and ...
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post: Arab sources are reporting an assassination attempt against Saudi Crown Prince Mohammed bin Salman pic.twitter.com/XjlJIVS5Di post: Unconfirmed Reports tonight that a Heavily-Armed Security Convoy carrying the Crown Prince of Saudi Arabia, Mohammed bin Salman and several other High-Ranking Officials was Attacked earlier tonight within the Capital of Riyadh, in what appears to have been an Assassination… pic.twitter.com/uLjsjI4gPb
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per ...
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post: RBA'S GOV. BULLOCK: WE BELIEVE RATES ARE AT THE RIGHT LEVEL TO GET INFLATION BACK TO TARGET. post: RBA'S GOV. BULLOCK: DATA ARE PROVING BUMPY, WE ARE TAKING A LONGER VIEW.
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Gold’s price appears to have stabilized in the past week, with it potentially receiving some safe-haven inflows since the beginning of the week, following the most recent developments in the Middle East. Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as financial releases that may have affected the direction of ...
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Our gold and silver analysis remains bullish. The precious metals' prices rose on Monday before easing back a little at the time of writing on Tuesday. Out of the two metals, silver’s rise was more eye-catching as the new week began, with the metal rising a good 3.3% on the session. Silver rally has helped it to climb out of a consolidation pattern, ...
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CME Group, the world's leading derivatives marketplace, today reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes. Additionally, interest rate, equity index, foreign exchange and options products set new April ...