Metals News
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A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat” and failing to take its share of responsibility for missing the trades. Kavish Kataria, who was dismissed from the bank’s Delta One desk last year, said the profits and losses on his trades were reported on a daily basis to ...
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Gold’s recent rally has sparked a bullion rush, but along with it came a surge in gold scams in China. Thousands of people in China have been duped into forking out money on “fake gold” — inferior or artificial gold — after trying to purchase so-called “999 gold” online, according to the government. The purest form of gold is commonly referred to as 999 ...
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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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German firefighters battled on Friday to control a fire that broke out at a metal technology factory in the southwest of the capital, Berlin. Dark smoke rose from the complex, located in Berlin's Lichterfelde neighborhood. Firefighters said sulphuric acid and copper cyanide were stored at the plant, and when the chemicals ignited, hydrogen cyanide could ...
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The pound-dollar pair traded sideways in the last session. The Rate of Change (ROC) indicator is signaling positivity. Bitcoin gained 0.9% against the dollar in the last session. However, the ROC is giving a negative signal, indicating potential downward movement. The oil-dollar price remained largely unchanged in the last session. Despite this, the ...
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A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat” and failing to take its share of responsibility for missing the trades. Kavish Kataria, who was dismissed from the bank’s Delta One desk last year, said the profits and losses on his trades were reported on a daily basis to ...
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The Securities and Exchange Commission today charged audit firm BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “Respondents”), with deliberate and systemic ...
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With the employment situation release, we have a first reading on April conditions. chart Figure 1: Nonfarm Payroll (NFP) employment from CES (bold blue), civilian employment ...
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The gold market had plenty to digest this week, with manufacturing and services sector data, nonfarm payrolls, and the FOMC rate decision, and while precious metals prices did see ...
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German firefighters battled on Friday to control a fire that broke out at a metal technology factory in the southwest of the capital, Berlin. Dark smoke rose from the complex, ...
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Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.
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The silver market initially plunged during the early hours on Thursday to reach the 50-Day EMA, and of course the $26 level. By doing so, the market has found plenty of buyers and therefore we ended up turning around the form a candlestick that suggests that we may end up closing with a bit of a hammer. At this point, silver is doing everything he can to ...
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CME Group, the world's leading derivatives marketplace, today reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes. Additionally, interest rate, equity index, foreign exchange and options products set new April ...