Metals News
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A guest on the popular show Antiques Roadshow brought with her an amethyst necklace, a family heirloom, that supposedly belonged to a British socialite and the mistress of King Edward VII. If the guest was looking for a nice pay day, her hopes were quickly dashed when jewelry expert Sarah Churgin appraised the piece at just '$3,000 to $4,000' after ...
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A couple who found a hoard of ancient coins under their floor during a home renovation have sold the lot for $115,000 at auction. Brits Becky and Robert Fooks were doing up their farmhouse kitchen when they accidentally hit pay dirt – an urn filled with 400-year-old gold and silver coins, which fetched £60,000 (about $AU115,000) under the hammer. They ...
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The past century has been a wild ride for investors. This article explores ten of the most dramatic plunges the stock market has witnessed, from the tech-fueled Dot-com bubble burst to the global economic shock of the COVID-19 pandemic. Each crash offers a unique story, exposing vulnerabilities in the system and highlighting the interconnectedness of ...
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Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 1.1 percent and benefit costs increased 1.1 percent from December 2023. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers ...
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Real gross domestic product (GDP) increased 0.2% in February, following a 0.5% gain in January. Services-producing industries (+0.2%) led the growth for a second month in a row, fuelled by gains in transportation and warehousing. The goods-producing industries aggregate was essentially unchanged as the mining, quarrying, and oil and gas extraction sector ...
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The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.4% annual gain in February, up from a 6.0% rise in the previous month. The 10- City Composite showed an increase of 8.0%, up from a 7.4% increase in the previous month. The 20- City Composite posted a year-over-year increase of 7.3%, up ...
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To Robin Brooks, the former chief currency strategist at Goldman Sachs Group Inc., Japan’s massive government debt — for now at least — is likely to doom any efforts to prop up ...
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The first quarter of 2024 has surprised on the economic front. Instead of the anticipated slowdown, coupled with US outperformance ending, what we saw was global economic activity ...
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Japan's factory output grew more than expected in March, government data showed on Tuesday, thanks largely to automakers resuming production after safety scandals. Industrial ...
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Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2024, the U.S. Bureau of Labor Statistics reported ...
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China’s factory activity remained in expansion territory for the second consecutive month in April, in the latest sign that the economic recovery is picking up pace. The official ...
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The improvement in Chinese manufacturing sector conditions extended into the start of the second quarter, according to the latest PMI data. Greater new work inflows, including ...
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Gold continues to be very noisy as the month of April was very choppy. This does make a certain amount of sense considering that gold shot straight up in the air over the course of the last couple of months, and therefore I think we needed to spend a little bit of time breathing and perhaps even soaking in some of the momentum.Because of this, I think the ...
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Markets are connected, and what happens in stocks and currencies is likely to impact gold as well. Today’s analysis is going to be short as very little happened on the markets on Friday and in today’s pre-market trading, and whatever happened was pretty much in tune with what I wrote previously. Gold didn’t do much overall – it moved slightly higher on ...
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FNG has learned via regulatory filings that FCA licensed Retail FX, CFDs and spread betting broker Acetop Financial Limited (website: acetop.uk) saw a significant increase in activity in 2023, led by active Spot Gold trading among its clients. Revenues at Acetop increased by more than 300% in 2023, coming in at £757K versus just £181K in 2022. We’d note, ...