Metals News
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Thousands of people in Bougainville, an autonomous region of Papua New Guinea, have filed a class action lawsuit against Rio Tinto Plc and its former unit Bougainville Copper Ltd. over what they say is historical mismanagement of the massive Panguna copper mine. Panguna, which was operated by Bougainville Copper, shut in 1989 after local protests over the ...
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As Archegos Capital Management cratered in March 2021, it began trying to pull excess cash from trading accounts across Wall Street. At the time, it had about $470 million with Goldman Sachs Group Inc. But instead of withdrawing the money, an Archegos staffer accidentally wired that amount to Goldman, and the bank didn’t immediately give it back. That left ...
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If you have silver coins to sell, read this guide first. There are important things to know about selling silver coins, but it doesn't need to be daunting! These basics will make the process easy for you. The most important things to do before selling your coins are: • finding out how much your silver coins are worth • identifying what kind of coin(s) you ...
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Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a green light to intervene in the market to arrest rapid falls in the yen. The agreement followed new verbal warnings from Japan's top currency diplomat Masato Kanda, who told ...
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video Gold sold off again on Thursday as it fell below several points of potential support to reach a low of 2,332. Trading continues near the lows of the day and gold may continue lower. Several trendline support areas failed to halt the decline and the 20-Day MA was broken to the downside. Further, it looks like the daily close may come in below the ...
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Thousands of people in Bougainville, an autonomous region of Papua New Guinea, have filed a class action lawsuit against Rio Tinto Plc and its former unit Bougainville Copper Ltd. over what they say is historical mismanagement of the massive Panguna copper mine. Panguna, which was operated by Bougainville Copper, shut in 1989 after local protests over the ...
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Funny story to start. Last week I made the analogy of inflation as a maple seed, helicoptering slowly down to the ground… As a side hobby, I umpire Little League baseball in my ...
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Money managers became the most bullish on gold in more than four years as prices surged to a fresh record earlier this week. Hedge funds and other large speculators boosted their ...
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The Biden administration announced new tariffs on an array of Chinese products, including electric vehicles, batteries and solar cells. The measures already have markets ...
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Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a ...
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We, the G7 Finance Ministers and Central Bank Governors, met on 23-25 May 2024 in Stresa, Italy. We were honoured to be joined by the Ukrainian Finance Minister Sergii Marchenko. ...
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In a Q1 Barchart recap of the precious metals sector, I highlighted platinum’s 8.77% Q1 decline and palladium’s 7.91% drop. Nearby NYMEX platinum futures closed Q1 at $907.70, with the palladium futures at the $1,021.50 per ounce level. In late May 2024, the metals were over the $1,000 level, with platinum higher and palladium lightly lower than the Q1 ...
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Silver falls 2.18%, trading at $30.10, as strong US business activity data impacts the market. Key support levels: $30.00 psychological level, April 12 high at $29.79, and $29.00. Additional support at May 18, 2021, high of $28.74 and June 10, 2021, high of $28.28. Silver price tumbled more than 2% on Thursday as economic data from the United States showed ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...