Metals News
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The U.S. derivatives market regulator Commodity Futures Trading Commission (CFTC) has announced that Judge R. Gary Klausner of the U.S. District Court for the Central District of California entered a consent order against Red Rock Secured, LLC (Red Rock), Sean L. Kelly f/k/a Shade L. Kelly-Johnson, and Anthony “Tony” Spencer on April 23. The order finds the ...
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The Commodity Futures Trading Commission today announced Judge R. Gary Klausner of the U.S. District Court for the Central District of California entered a consent order against Red Rock Secured, LLC (Red Rock), Sean L. Kelly f/k/a Shade L. Kelly-Johnson (Kelly), and Anthony “Tony” Spencer (Spencer) on April 23. The order finds the defendants liable for ...
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Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get into the details, let’s have a quick history lesson. Nvidia was founded in 1993, and gained quick fame by producing GPUs for video games, which helped particularly with 3D display. However, with recent sudden improvement in AI technology, the company’s GPUs ...
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Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, people with knowledge of the matter said, adding to the pressure on the UK-listed miner after it rejected a takeover approach from Australia’s BHP Group Ltd. The activist hedge fund led by Paul Singer amassed the holding over recent months, the people said, asking not ...
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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume ...
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The gold price on Friday pulled back off the session highs of about $2,350 to trade at about $2,334. The price of the yellow metal continues to trade within an ascending channel formation in the 60-minute chart. Despite the pullback, gold continues to trade slightly above the 100-hour moving average line. Friday’s pullback prevented the XAU/USD from ...
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The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit 2 per cent in coming years, signalling ...
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Southern Copper Corp. raised its annual production guidance as ore quality improves and the company resolves water supply issues in Mexico, offering a little relief for a ...
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Even as prices set new all-time highs, the latest government and industry data showed that China continued to consume the lion’s share of global gold production. The China Gold ...
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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal ...
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post: BoJ’s Ueda: Monetary Policy Is Not Aimed To Control FX Rates Directly -Weak Yen So Far Is Not Having A Big Impact On Trade Inflation
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post: CHINA'S FOREIGN MINISTER WANG YI, IN MEETING WITH BLINKEN: U.S. SHOULD NOT USE TAIWAN AS A TOOL TO CONTAIN CHINA, SHOULD STOP ARMING TAIWAN, SUPPORT CHINA'S PEACEFUL 'REUNIFICATION'
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The gold price on Friday pulled back off the session highs of about $2,350 to trade at about $2,334. The price of the yellow metal continues to trade within an ascending channel formation in the 60-minute chart. Despite the pullback, gold continues to trade slightly above the 100-hour moving average line. Friday’s pullback prevented the XAU/USD from ...
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Main scenario: consider long positions from corrections above the level of 2293.07 with a target of 2450.00 – 2500.00. Alternative scenario: breakout and consolidation below the level of 2293.07 will allow the pair to continue declining to the levels of 2154.83 – 2019.86. Analysis: a descending correction appears to have formed as the fourth wave (4) of ...
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The Funded Trader, a prop trading firm that halted payouts and temporarily suspended services for three weeks, came back online last week and is now in the process of moving its base from the United States to the Cayman Islands. “The Funded Trader LLC, headquartered in the USA, is currently in the process of transitioning its operations to an entity located ...