Commodity wrap: gold, silver stage massive rebound; copper surges 4%
Gold and silver prices rebounded sharply on Tuesday after plummeting in the last couple of trading sessions. Gold prices on COMEX rose more
Economy
Economy
Gold back over $5,100/oz, silver surges 5% as US-Iran tensions escalate
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward trend. This safe-haven
Economy
Morning brief: Asian stocks slide as tech sell-off deepens, Nvidia–OpenAI deal nears
Asian markets traded mostly lower on Wednesday, tracking a broad sell-off in US technology stocks overnight, while gold extended gains for a second
Economy
Michael Burry warns Bitcoin slump is spilling into gold and silver markets
Bitcoin’s latest slide is no longer confined to crypto markets. It is starting to surface in places investors often treat as separate, including
Economy
Central bank buying strengthens gold; silver to be volatile, says ING Group
Gold and silver are bouncing back after experiencing one of the sharpest corrections in precious metals in more than a decade. While short-term
Economy
Gold’s rally fuels surge in ‘digital gold’ trading in Brazil
Brazilian interest in digital copies of gold traded on the cryptocurrency market has increased amid the metal’s recent significant rise, despite a recent
Economy
Evening digest: AMD’s crash, US-Iran tensions, Bitcoin may slump to $66K level
Markets are ending the day on edge as sharp moves ripple across stocks, commodities, and crypto. AMD slumped despite an earnings beat, underscoring
Economy
Silver tumbles 10%, gold below $5,000/oz as analysts see continued volatility
The post Silver tumbles 10%, gold below $5,000/oz as analysts see continued volatility appeared first on Invezz
Economy
Eli Lilly beats earnings, lifts outlook on booming Zepbound and Mounjaro sales
Eli Lilly reported stronger-than-expected fourth-quarter earnings and issued robust guidance for the coming year, as soaring demand for its GLP-1 drugs reaffirmed its
Gold
Commodity wrap: gold smashes $5,600, silver tops $120, Brent jumps as prices go parabolic
Gold prices breached $5,600 per ounce for the first time on Thursday on rising safe-haven demand for the metal. Silver topped $120 per