Metals News
- From argusmedia.com|1 hr 40 min ago
- From drive.google.com|2 hr 26 min ago
- From visualcapitalist.com|7 min ago
Only 22 countries in the world engage in rough diamond production—also known as uncut, raw or natural diamonds—mining for them from deposits within their territories. This chart, by Sam Parker illustrates the leaders in rough diamond production by weight and value. It uses data from Kimberly Process (an international certification organization) along with ...
- From robbreport.com|7 hr ago
The ultimate collectible for humanitarians and scholars alike is up for grabs. The 1945 Nobel Prize in Medicine for the discovery of penicillin, awarded to chemist Ernst Chain, was just listed at M.S. Rau. The German-British scientist created the antibiotic that has saved an estimated 200 million lives since being released in 1944. His 23-karat gold prize ...
- From sprottmoney.com|Sep 26, 2023
For as long as anyone can remember, the most prominent driver of gold prices has not been inflation. That's only half the picture. The actual driver has been inflation-adjusted or "real" interest rates. At least it used to be that way. Suddenly, in early 2022, the correlation between real rates and gold prices broke down. And not just by a little. It broke ...
- From bea.gov|7 hr ago|36 comments
Personal income increased $87.6 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the Bureau of Economic Analysis (table 2 and table 3). Disposable personal income (DPI), personal income less personal current taxes, increased $46.6 billion (0.2 percent) and personal consumption expenditures (PCE) increased $83.6 ...
- From forexlive.com|6 hr ago
Prelim was 67.7 • Prior was 69.5 • Current conditions 71.4 vs 69.8 prelim (75.7 prior) • Expectations 66.0 vs 66.3 prelim (65.5 prior) • 1-year inflation 3.2% vs 3.1% prelim (3.5% prior) • 5-10 year inflation 2.8% vs 2.7% prelim (3.0% prior) • I don't think the climbs in inflation is a big surprise after the sharp fall in the prelim data but on net, this is ...
- From thehill.com|3 hr ago
House Republicans on Friday advanced a GOP-crafted stopgap bill to avoid a government shutdown, clearing a key procedural hurdle even as some hardline Republicans oppose the legislation. The chamber voted 218-210 along party lines to kick off debate on the continuing resolution (CR) and tee up a final vote expected Friday afternoon. The successful ...
- From thehill.com|5 hr ago|10 comments
A government shutdown increasingly looks inevitable as GOP opponents of a stopgap in the Senate seek to drag out the process ahead of a midnight Sunday deadline. Opponents of the ...
- From think.ing.com|4 hr ago
The US personal income and spending report contains lots of numbers, but the August 0.1% month-on-month core PCE deflator print catches the eye. The consensus was 0.2% and we had ...
- From thehill.com|3 hr ago
House Republicans on Friday advanced a GOP-crafted stopgap bill to avoid a government shutdown, clearing a key procedural hurdle even as some hardline Republicans oppose the ...
- From bea.gov|7 hr ago|36 comments
Personal income increased $87.6 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the Bureau of Economic Analysis (table 2 and table 3). ...
- From forexlive.com|15 hr ago|16 comments
This comes as Japanese yields continue to nudge higher all through this week, with 10-year JGB yields touching 0.77% today: chart Since the BOJ allowed for yields to roam above the 0.50% mark, bond sellers haven't really let up and I reckon that policymakers still want to manage expectations somewhat so as to not let it roam towards the 1.00% mark too quickly. tweet: Japan’s 30-Year Bond Yield Reaches Highest Level Since 2013 - BBG https://t.co/IQoumMAncz
- From statcan.gc.ca|7 hr ago|1 comment
Real gross domestic product (GDP) was essentially unchanged in July, following a 0.2% decline in June. Services-producing industries edged up 0.1% in the month, while ...
- From agmetalminer.com|18 hr ago
Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed trading flat. Indeed, the index remained sideways, only dropping by a slight 0.11%. That said, the Fed’s stance on holding interest rates at an elevated level could impact precious metal prices in the near future. Interestingly enough, scrap ...
- From fxempire.com|23 hr ago|1 comment
video That didn’t take long. Gold continued its descent today, quickly reaching its next identified support zone starting at 1,866. It then kept falling, breaching the low of the range at 1,853. Support was subsequently seen at the day’s low of 1,858, leading to a bounce. Today’s low could be the low for the correction or gold may keep falling to the next ...
- From lbma.org.uk|15 hr ago
The infamous line - allegedly attributed to America’s first president George Washington - came to mind while reading a recent Reuters report announcing the imminent imposition of an import ban on Russian diamonds entering G7 consumer markets. The proposed move comes as G7 nations continue to ratchet up the pressure on Russia and plug holes that allow Moscow ...