Why Gold Prices Continue to Break RecordsHSBC Chief Commodities Analyst James Steel discusses the gold market’s latest surge, particularly in China and India, as geopolitical risks swirl around other areas of the broader market. James speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. Get more on the Bloomberg Surveillance Podcast: Apple: http://bit.ly/3OPtReI Spotify: http://bit.ly/42xmHPz Anywhere: http://bit.ly/3oOD8ZH (Source: Bloomberg) READ MORE Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals ‘Dance To Their Own Tune’Gold prices are projected to jump to $3,000 per ounce by 2025, according to Bank of America, buoyed by strong demand from central banks and the anticipation of investors returning to the market once the Federal Reserve begins to slash interest rates. Michael Widmer, the bank’s commodity strategist, highlighted gold’s resilience as central banks tighten […] READ MORE MARKETS Copper prices climb to 2024 high as Citi calls the start of the metal’s second bull market this centuryKEY POINTS Copper prices with May delivery traded at $4.323 per pound in New York as of Wednesday morning, extending gains after settling at its highest level since June 2022 in the previous session. Three-month copper prices on the London Metal Exchange traded 0.6% higher at $9,477 per metric ton. Demand for copper is widely […] READ MORE Mined commodities may push higher on structural trends: ExpertGold is trading to the downside Wednesday morning after the precious metal hit nine consecutive intraday record highs. As the March CPI print shows that prices remain elevated above Wall Street expectations, Bank of America Securities Head of Commodities and Derivatives Research Francisco Blanch joins The Morning Brief to discuss gold’s retreat from record highs. […] READ MORE Powell’s Soft-Landing Dream In Danger as Traders Hedge Inflation(Bloomberg) — Signs that inflation has yet to release its grip on markets have simmered for weeks. Now they’re boiling over after Wednesday’s hotter-than-forecast consumer price index sent stocks and bonds reeling. Most Read from Bloomberg US Sees Imminent Missile Strike on Israel by Iran, Proxies US Slams Strikes on Russia Oil Refineries as Risk […] READ MORE US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports(Reuters) -U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street Journal reported on Friday. Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the [...] READ MORE Carlsbad woman, 70, gave scam artists $1 million-plus in gold, precious metals: DAGold bars and coins A man who allegedly took part in scamming a 70-year-old Carlsbad woman out of around $1.4 million of her life savings has been charged by San Diego federal prosecutors with conspiracy to commit wire fraud, the U.S. Attorney's Office said Thursday. Prosecutors say Xilin Sun, 35, of Ontario, worked alongside [...] READ MORE Gold on track for weekly rise as Middle East risks loomGold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Summary Tehran plays down suspected attack by Israel Gold up over 2% for the week Platinum, palladium down for the week April 19 (Reuters) - Gold prices rose on Friday and logged [...] READ MORE Fed says 1,804 banks and other institutions tapped emergency lending facilityFILE PHOTO: Four thousand U.S. dollars are counted out by a banker at a bank in Westminster (Reuters) - Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday. [...] READ MORE « Previous 1 … 20 21 22 23 24 … 80 Next »
