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  • EU urges European banks to step up funding for critical minerals

    From mining.com

    European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers of minerals needed for the energy transition, as the European Union prepares its Green Deal industrial plan. The EU is due to unveil its Critical Raw Materials Act on March 8 to secure the bloc’s supply of critical raw materials including lithium, cobalt, nickel, manganese and graphite needed for electric vehicles. Breton highlighted two major issues. The first is over-reliance on countries such as major producer China for materials such as magnesium used in electronics, cars and machinery. The second is ... (full story)

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    Gold price hits record highs in Japan, eyes on other currencies

    From kitco.com|Jan 25, 2023

    Gold priced in Japanese yen traded at record-high levels in Japan Wednesday, according to local prices and media reports. The precious metal reached a new record high of 8,977 yen ...

    US GDP report could show solid fourth-quarter growth but still signal a recession is coming,...

    From cnbc.com|Jan 25, 2023

    Economic growth is expected to have slowed slightly in the fourth quarter but was still solid, driven by a strong consumer. Economists will be studying Thursday’s report on U.S. ...

    Metals Market Commentary: Todd Colvin, 1/25/23

    From youtube.com/cmegroup|Jan 25, 2023

    USD weakness lifts gold above $1,940. Todd Colvin discusses.

    •   Newer Stories
    Silver Price Analysis: Faces barricades below 24.00, upside looks favored

    From fxstreet.com|Jan 25, 2023

    Silver price (XAG/USD) has witnessed a minor correction in its journey toward the round-level resistance of 24.00 in the Asian session. The white metal has broadly displayed a ...

    COMEX January Gold Deliveries

    From sprottmoney.com|Jan 25, 2023

    January is not a "delivery month" for COMEX gold. However, open interest and "deliveries" have surged during the month, so this week let's take a minute to get on the same page as ...

    Switzerland imports 28.5 tonnes of gold from Russia in 2022

    From interfax.com|Jan 25, 2023

    Switzerland imported 28.5 tonnes of gold worth 1.57 billion francs ($1.7 billion) from Russia in 2022, Swiss customs authorities said. This is a 1.6-fold increase from 2021, ...

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  • Posted: Jan 25, 2023 8:20pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 86
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