Tue, May 21, 2024

Gold trading

The copper price hasn't been so low for the last four years

Copper Hits Record High of $11,000 per Ton

Quick Look: Copper prices hit a record $11,000 per ton in 2024 due to supply concerns and speculative bets. Copper prices increased by 25% in early 2024, driven by speculative investments and supply shortage forecasts. Tightening supply and increased demand from green industries and AI spurred price hikes. In 2024, the copper market experienced an …

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gold

Gold Nears $2,400 as Economic Indicators Signal Upturn

Quick Look: Gold shows a modest uptick: Current spot price of $2,391.78/oz, hinting at continued bullish sentiment. Silver and platinum vary: Silver dips to $29.56/oz, while platinum rises to $1,068.67/oz. Economic indicators: Weakening US Dollar and low Treasury Yield influencing metal prices. In today’s trading session, gold prices have shown a modest uptick. Besides, the …

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wisdomtree

WisdomTree Prime Launches in NY, Now in 41 States

Quick Look: WisdomTree Prime launches crypto trading in New York, now in 41 states. Granted NY charter, part of strategic U.S. rollout. Leadership conflicts and criticisms impact company dynamics. WisdomTree Prime officially launched its crypto trading services in New York, marking a major milestone in its expansion. This launch is now making the service available …

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Wibest – Canadian Loonie: Canadian dollar (CAD) bills and coins.

Forex Turbulence: CAD Fluctuation From 1.3747 To 1.3728

Quick Look: CAD/USD saw swings from 1.3721 to 1.3761, closing lower at 1.3728, influenced by US economic data and oil price changes. WTI crude oil rose to $77.44, boosting the CAD, while gold’s climb to $2311.03 signalled increased market caution. Upcoming Canadian job reports and US jobless claims are critical, with potential implications for central …

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BTN Centre Review

BTN Centre Review

In this BTN Centre review, we will embark on a trading journey, where cutting-edge technology meets unparalleled market access. This broker enables traders to leverage global financial opportunities with ease and precision. You can begin trading with a platform that supports your growth by providing detailed analytical tools and real-time data. Transitioning into trading is …

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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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