Metals News
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One of the largest surviving gold nuggets found in the western hemisphere is a breathtaking nugget named The Boot of Cortez. It is an amazing piece of gold, weighing in at a massive 389.4 troy ounces. In 1989, an amateur treasure hunter in Mexico purchased an entry-level metal detector at a local Radio Shack and ventured out into the forbidding Sonoran ...
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A juror in a Minneapolis trial related to $250 million in stolen pandemic aid reported that she had a sack with $120,000 in cash delivered to her door — and a note promising more if she voted to acquit. The bribe was delivered to the juror’s home in on Sunday evening — just hours before the jury was due back in court to hear the final closing arguments in ...
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Inflation and wages are kind of a chicken or egg issue. Do higher prices cause higher wages or do higher wages cause higher prices? I suppose it’s probably a little of both. There is an obvious relationship when you look at the data. Here’s a look at year-over-year wage growth versus trailing twelve-month inflation going back to 1965: chart Wages grow ...
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Major central banks are gearing up to cut interest rates. But like their hiking cycles, this cutting cycle will be far from typical, we think. Why? The ECB is set to start easing before the Fed, but a wider policy gap between them will be temporary, in our view, even if a Fed hike is not impossible. Central banks are eyeing rate cuts with inflation still ...
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Key statistics: • The current account balance, seasonally adjusted, declined $7,563m to a deficit of $4,896m. • The capital and financial account surplus was $8,307m, an increase of $16,912m on the December quarter 2023 deficit. • The net international investment liability position was $730,268m at 31 March 2024. table The current account balance ...
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Gold prices inched down on Tuesday after rising 1% in the previous session as investors awaited U.S. jobs data due later this week for clues on the Federal Reserve’s interest rate trajectory. Spot gold was down 0.2% at $2,345.76 per ounce, as of 0323 GMT. Prices touched their lowest level in nearly a month on Monday before settling 1% higher. U.S. gold ...
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Major central banks are gearing up to cut interest rates. But like their hiking cycles, this cutting cycle will be far from typical, we think. Why? The ECB is set to start easing ...
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When a guard patrolling Poland’s eastern border was attacked by a migrant trying to illegally cross from Belarus last month, Prime Minister Donald Tusk rushed to the scene. ...
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Stocks ended mixed, with the Nasdaq up and the Dow and Russell 2000 down, retracting after a positive opening that followed Friday's rally. The S&P 500 notably rebounded from its ...
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post: THE BOJ IS SAID TO MULL REDUCING BOND BUYS AS EARLY AS THE JUNE MEETING. post: THE BOJ SAID TO WATCH MARKETS TILL THE LAST MOMENT BEFORE DECIDING, WHILST HAVING NO INTENTION TO SURPRISE BOND TRADERS.
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Key statistics: • The current account balance, seasonally adjusted, declined $7,563m to a deficit of $4,896m. • The capital and financial account surplus was $8,307m, an increase ...
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The National Institute of Statistics and Geography (INEGI) presents the results of the Monthly Indicator of Gross Fixed Capital Formation (IMFBCF). This allows us to know the ...
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Silver almost certainly looks like the buyers are still in control. Because of this I am a buyer right here, right now, with a stop loss at $29.80. If we rally from here I anticipate taking profit near the $32 level. Given enough time, the market is likely to continue to see more of a buy on the dip holiday, and at this point in time the market is likely to ...
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Silver price is near the $30 level again; PMI data in focus. The silver futures contract lost 3.47% on Friday, May 31, as it extended its Thursday’s sell-off of 2.6%, retracing almost all of its Monday’s-Tuesday’s rally. On previous week, silver sold off to around the $30 level. It reacted negatively to the stock market’s pullback, along with declining gold ...
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Dear Client, Please find our updated Trading schedule and general information related to the Juneteenth National Independence Day on Wednesday, 19 June, 2024. Liquidity over the holidays is expected to be particularly thin so please take the necessary precaution to ensure that you are not affected by increased volatility, spreads and intermittent pricing. ...