Thu, April 25, 2024

Gold trading

Wheat is on active export demand, grain

Global Events and Weather Drive Grains’ Price Increases

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude oil rises. Significant movements in the grains markets, especially for wheat, corn, and soybeans, are making …

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Spectacular weekly rise in Silver Price

Silver Prices Struggle Amid Market Volatility, Down 1.27%

Quick Look: Silver (XAG) prices dropped sharply to $26.85, down 1.27%. Technical indicators suggest a possible further decline to $26. Market influenced by global events and potential US rate cuts. Silver prices continue to face significant pressure in an increasingly volatile market environment. The precious metal experienced a sharp drop in early trading on Monday, …

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Wibest – Digital coins: Ethereum on a pile of cryptocurrency. Altcoins

The Expanding Universe of Altcoins: Investing Essentials

Altcoins, or alternative cryptocurrencies, have emerged as a substantial segment within the digital currency arena. While Bitcoin retains its dominance in capturing media attention, altcoins enrich the blockchain ecosystem. They achieve this by pioneering innovative use cases, assessing inherent risks, and influencing future technological directions. In this article we will explore the altcoin landscape, beginning …

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Stocks and trade deal, dow jones

Market Watch: Awaiting Earnings and Economic Updates

Quick Look: Dow Jones, S&P 500, and Nasdaq 100 futures show little change as investors wait for key events. Notable movements include Nvidia’s 4.4% rise and Cadence Design Systems’ 9% drop, highlighting tech sector volatility. Upcoming earnings from Microsoft, Boeing, and Tesla, plus Q1 GDP data and inflation measures, could drive market direction. In the …

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Covid-19's impact on platinum is less than feared, according to the WPIC

Platinum Volatility: Prices Fluctuate Amid Market Challenges

Quick Look: Platinum (PL) prices fluctuate, closing at $926.20 with a 6.23% year-to-date drop from a 52-week high. Platinum’s value falls behind gold, priced at $2,336.94 per ounce, with a 13.10% increase year-to-date. Platinum Group Metals Ltd’s stock closed at $1.86 with a 0.54% daily rise but over 20% annual drop. Platinum’s investment outlook is …

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The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both the London and Shanghai exchanges. Nickel Creek Platinum Corp experienced notable stock volatility amidst broader market …

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cryptocurrency - avalanche, celestia and others

Cryptocurrency Guide: Tips for New Investors In 2024

With the growing allure of digital currencies, more individuals than ever are looking to step into the world of cryptocurrencies.  A cryptocurrency is a type of digital currency that uses cryptography for security. It acts as both a medium of exchange and a volatile investment avenue, operating outside the purview of central financial authorities. In …

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Palladium

Palladium Falls to $1,041 Amidst Global Shifts

Quick Look: Current price falls to $1,041.05, down 2.91% today and 5.32% annually. Influenced by geopolitical events and shifts in auto industry demands. Palladium futures remain active, with an uncertain market outlook. In recent trading sessions, palladium has witnessed a notable decline. The current price reached  $1,041.05. Thereby showing a daily decrease of 2.91% and …

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Diverse Israeli Tech becomes available for New Gulf Allies

Markets Waver as Iran-Israel Tensions Flare Up

Quick Look: Saudi & Qatari indices are down, with Saudi -1.8% and Qatari -1.6% due to Iran-Israel tensions. Bahrain’s index is up 0.9%, contrasting regional downtrends. Brent crude at $90.45, a six-month high amid conflict. As investors seek stability, gold peaks at $2400, a new record. Mixed global reactions as MSCI index hits highs, Gulf …

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bitcoin

Bitcoin Climbs $65K Amid Tensions and Halving

Quick Look:  Bitcoin recovers to $65,000 despite geopolitical stress. The global crypto market cap stands at $2.36 trillion. Bitcoin halving is set to halve miner rewards on April 20. Rising AI industry competition boosts electricity prices. Hong Kong’s Bitcoin ETFs could drive significant demand. Bitcoin has shown notable resilience in recent days. Thereby navigating through …

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Stocks and China

Awaiting Inflation: U.S. Stocks Up Slightly

Quick Look: U.S. stocks show slight gains as investors seek recovery from last week’s losses, with the Dow Jones up by 10 points. Market volatility was highlighted by significant downturns last week, including a 2.3% drop in the Dow Jones. Analysts emphasise the importance of upcoming inflation data and economic indicators like CPI and PPI. …

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IG-Canada Review

IG-Canada Review

Dive into the world of IG-Canada, where trading evolves beyond traditional boundaries. This broker revolutionizes the trading experience with its state-of-the-art AI technology, offering real-time insights like never before. At the broker, traders embark on a secure, streamlined journey that far exceeds spread betting and similar guessing games thanks to comprehensive security measures and a …

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Silver prices lost 15% in one day

Silver Peaks at $27.25, Hits 3-Year High

Quick Look: Silver prices hit a three-year high at $27.25, a 9.4% increase, showcasing a bullish market trend. Key drivers include strong industrial data from China, a technical breakout, and a global supply deficit. Parallel rise in gold prices, with gold reaching a new high at $2,315, reflecting increased interest in precious metals. Silver’s industrial …

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