Metals News
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GameStop stock (GME) rose 47% on Thursday after a YouTube account believed to be tied to investor Keith Gill, also known as "Roaring Kitty" on social media, posted a livestream scheduled for Friday at noon ET. After the market close, Reddit user DeepF***ingValue, an account previously tied to Gill, posted a new screenshot purporting to show their position ...
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Space junk is posing a dangerous and expensive problem and has spawned a multi-billion dollar clean-up industry. Astroscale Holdings Inc., a Japanese space startup, is developing a spacecraft with robotic arms to deal with the growing problem of debris stuck in orbit by retrieving end-of-life satellites and broken parts from space. Adrian Wong reports.
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GDP, or gross domestic product, is all over financial news. It’s a measure of the value of all the goods and services in a country, but what does it actually mean? Well, it works as an indicator for how well or poorly a nation’s overall economy is faring. Do policies need adjusting? Are people gainfully employed? Watch to learn how GDP works and why it ...
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After yesterday's breathless Nvidia-led meltup, which saw the AI chipmaker surpass both $3 trillion in market cap and Apple's valuation, today's session was a boring affair by comparison, which saw the S&P close unchanged after a day in which the index barely moved. chart There were three reasons behind the lack of action. First, technicals. As Goldman's ...
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In April 2024, German exports rose by 1.6% and imports by 2.0% compared to March 2024, adjusted for calendar and seasonal effects. As the Federal Statistical Office (Destatis) further reports based on preliminary results, exports rose by 1.9% compared to April 2023, while imports fell by 0.6%. In total, in April 2024, calendar and seasonally adjusted goods ...
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Data as of 31 May, 2024 Physically backed gold ETFs saw their first monthly inflow since last May, amounting to US$529mn. A stronger gold price (+2%) and inflows pushed gold ETFs’ total assets under management (AUM) 2% higher to US$234bn, the highest since April 2022. And with improved gold ETF demand in May, collective holdings rebounded to 3,088t, but ...
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As the saying goes, “There are lies, damn lies and statistics.” And on the first Friday of every month, the American public gets a ton of new statistics to peruse. That’s when the ...
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After yesterday's breathless Nvidia-led meltup, which saw the AI chipmaker surpass both $3 trillion in market cap and Apple's valuation, today's session was a boring affair by ...
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More than a half of surveyed Bank of Japan watchers forecast the central bank will decide to trim its government bond buying when authorities meet next week, with a growing number ...
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China's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY in May vs. ...
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post: INDIAN INTEREST RATE DECISION ACTUAL 6.5% (FORECAST 6.5%, PREVIOUS 6.50%) $MACRO post: RBI CHIEF: 4 OUT OF 6 MPC MEMBERS VOTE IN FAVOUR OF POLICY STANCE post: RBI CHIEF: PRIVATE CONSUMPTION IS RECOVERING post: RBI CHIEF: FY25 CPI INFLATION VIEW RETAINED AT 4.5%
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In April 2024, German exports rose by 1.6% and imports by 2.0% compared to March 2024, adjusted for calendar and seasonal effects. As the Federal Statistical Office (Destatis) ...
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The quotes of XAG/USD continue to move as part of the development of a strong bearish correction and a bullish channel. At the time of publication of the forecast, prices for Silver are 30.26. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential ...
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Thanks to yesterday’s session, gold bulls gained an important ally, but is it enough to go higher? Looking at the daily chart, we see that although the U.S. currency moved a bit above the previously broken red horizontal line (based on the lower border of the orange consolidation about which you could read in previous Quick Gold Alerts) and the 200-day ...
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The Perth Mint sold 23,238 troy ounces (oz) of gold and 796,934 oz of silver in minted product form during May 2024. Opening the month around USD 2,300, the gold price in US dollar terms generally tracked flat before jumping higher by 1.5% off the back of weaker US jobs data which reinforced the potential for a Fed rate cut. On May 20 bullion hit a record ...