The gold export figure by Russia multiplied by eight during the past year. It reached a value of 5.7 billion dollars. The United Kingdom acquired almost all of the gold exported by Russia. According to the Russian RT news portal, the country increased its gold exports during the past year to a figure of 5.7 …
The UK bought gold from Russia worth more than $ 5.7 billion Read More »
The collapse of Bitcoin a week ago was followed by the breakdown of gold in the markets. The precious metal experienced sharp fluctuations this week, in which its price reached a maximum of seven years of $ 1,688.66 on Monday. It also closed with its most significant weekly decline since November. The unfortunate advance of …
The world is going crazy and emerging into chaos. But maybe it was like that all the time, and we’ve just noticed? Nevertheless, Gold is holding proud and has managed to slip for two days in a row despite a total meltdown in global stocks. Gold Futures for April delivery slipped 0.1% to USD1,650.70 by …
Nothing can stop Gold from rising, even Coronavirus Read More »
On Monday, fears have renewed that the Coronavirus will harm global growth. It has rocked the commodity markets again, with oil prices tumbling. Oil led the losses on Monday, dropping more than 3% in London and New York. Chinese fiscal stimulus and new warnings to supplies from Africa and Latin America have resulted in the …
Oil dropped more than 3% due to the fear of the Coronavirus Read More »
In the modern world, even a minor issue could affect the stocks and unfortunately, ongoing coronavirus outbreak is not a small problem. Chinese officials are working hard to stabilize the situation. On Tuesday, Moody’s Investors Service lowered the growth forecast for China from 5.8% to 5.2%. Two days ago, state media reported that more than …
On Wednesday, Asian markets recovered despite the problems connected with coronavirus. Investors are closely monitoring the situation as they would like to learn more about the ongoing situation. Hong Kong’s Hang Seng index added 0.47% in the afternoon. However, mainland Chinese stocks were unable to strengthen their positions, as stocks erased gains to decline by …
Mainland Chinese Stocks Fell by the end of Trading Read More »
People from around the world have the opportunity to learn more about cryptocurrencies of their importance. Moreover, cryptocurrency made a significant influence on the general public and the economy. It is important to mention that many crypto influencers became role-models for many citizens. Crypto adoption is not an easy task. Nevertheless, the newer generation considers …
Over the past few days, gold prices rose sharply. But gold and silver prices dropped today, following muted global cues and a moderately higher rupee. The precious metal futures saw their first slump in three days. On MCX, April gold futures dropped 0.1% to ₹40,605 per 10 gram. Silver also decreased 0.19% to ₹46,130 per …
There are a lot of cryptocurrencies. However, Bitcoin retains the status of a market leader when it comes to market capitalization. Nevertheless, from the beginning of the year, other major cryptocurrencies except Stablecoin Tether achieved better results than Bitcoin. The price of Ethereum, which is a second-biggest cryptocurrency on the market, increased by 60% while …
Bitcoin is the biggest crypto money when it comes to market capitalization. This week, Bitcoin’s price approached $10,000. As a result, the price reached the highest point since October 2019. However, it failed to surpass the key threshold. It is important to mention that the price of cryptocurrency number one rose by almost 40% from …
The price of Bitcoin, Ethereum and Major Cryptocurrencies Read More »
Commodities such as oil, natural gas, gold, and others play a very important role in daily life. Let’s define the meaning of commodity; it is a raw material or agricultural products in commerce that is interchangeable with other commodities. This article will help to learn more about commodity markets and exchanges. It is important to …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPJPY The pair traded in the green in recent sessions, although the movements were capped and limited. Against the safe-haven Japanese yen, the movement was up although traders appear hesitant to commit fully as …
Daily Market Charts and Analysis January 31, 2020 Read More »
Crude oil slipped amid the climbing death toll from the coronavirus in China. It dropped 0.71 percent to Rs 3,779, while gold grew 0.5 percent and silver 0.9 percent on MCX. Oil futures observed mixed trading on Wednesday, with US prices down after government data disclosed that domestic crude inventories posted a higher-than-expected weekly climb, …
Gold climbed higher on Wednesday, rose 0,2% to $1,568.9 per ounce. The price of gold has been wallowing between 1,580 and the 1,560s. And it was followed by a surge to $1,611, to the highest levels we haven’t seen since March 2013. However, the difference in the weekly chart between momentum and price is alarming. …
Coronavirus outburst in China pushed commodity markets lower. The number of cases has grown and spread not only in China but across the globe, which is causing concerns of lower demand growth. Prices are not stable, as the death toll rises in China. Jia Zheng, a portfolio manager at hedge fund Shanghai Minghong Investment Management …
Commodity Prices Continue to Fall by Coronavirus Fears Read More »
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