Metals News
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Romania’s Mugur Isarescu, the world’s longest-serving central bank governor, is poised to be confirmed for a new five-year term as lawmakers seek a vote on the extension by the end of June. Isarescu took over the leadership of the National Bank of Romania in 1990, less than a year after the collapse of Nicolae Ceausescu’s communist regime, and has served ...
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A long-awaited expedition into an 18th-century shipwreck in the Caribbean Sea has reportedly begun. The government of Colombia launched the deep-water expedition of the San José shipwreck, which is rumored to contain cargo worth billions of dollars, last week. The galleon sank in 1708 en route to Cartagena, Colombia, after it was ambushed by an English ...
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If you have silver coins to sell, read this guide first. There are important things to know about selling silver coins, but it doesn't need to be daunting! These basics will make the process easy for you. The most important things to do before selling your coins are: • finding out how much your silver coins are worth • identifying what kind of coin(s) you ...
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Gold price is up on Monday amid thin trading due to holidays across both sides of the Atlantic, particularly the UK and the US. The yellow metal bounced off two-week lows of $2,325, as US Treasury yields finished the last week down, while the Greenback weakened across the board. The XAU/USD trades at $2,354 on Monday, gaining close to 1% at the time of ...
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Gold prices rose one dirham per gram at the opening of the markets on the first trading day of the week after losing more than Dh13 per gram last week. In the UAE, the 24K variant of the yellow metal was trading at Dh283.5 per gram at 9 am local time on Monday as compared to last week’s close of Dh282.5 per gram. Among the other variants, 22K, 21K and 18K ...
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After briefly surging to a new all-time high of $2,450/oz, potentially helped by safehaven buying following the death of the Iranian President, the gold price retreated. Over the past two weeks, ETF inflows recorded 324 koz, for now reversing the trend of net outflows since the beginning of the year, suggesting strong institutional purchases have ...
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UN Security Council diplomats said Algeria requested an emergency meeting after a deadly Israeli strike on southern Gaza. UN chief Antonio Guterres condemned the strike amid an ...
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French President Emmanuel Macron said the European Union must stop being naive in the face of growing competition from the US and China, and repeated calls for a “buy European” ...
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The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group ...
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Copper successfully surpassed the overhead resistance by the end of the week on May 17. However, this week ended May 24, saw a decline of (5.5%) in Copper's value, failing to sustain the breakthrough. The combination of the candles for week ending May 17 and May 24 have formed a "dark cloud cover pattern. chart On the bottom right corner of the weekly ...
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The rout in commodity prices didn’t last long, as expected, with dip buyers emerging late last week to take advantage of better entry levels. Crude and copper look particularly constructive following the recent bounce. With almost no new fundamental news to look at with public holidays in the United States and United Kingdom to start the week, traders are ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...