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Fund Managers Increase Bullish Posture In Gold
BySirhcCourtesy of Kitco News byAllen Sykora Monday March 25, 2019 10:59 Kitco News – Fund managers sharply increased their bullish positioning in gold futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission. Markets seemingly were factoring in a more dovish U.S. Federal Reserve even before policymakers gave markets a…
India raises silver import duty to align with gold
BySirhcSource: Yahoo Finance Wed, 1 February 2023 at 2:22 am GMT-6·1-min read MUMBAI (Reuters) – India raised total taxes on silver imports 15% and on silver dore to 14.35%, the government said in a statement on Wednesday, in an effort to align the duty structure of the metal with gold. The south Asian country is…
Gold on track for small weekly loss as dollar strengthens
BySirhcPublished: Feb 8, 2019 8:11 a.m. ET 0 By William Watts DEPUTY MARKETS EDITOR – MarketWatch Gold futures edged higher early Friday but remained on track for a small weekly loss in the face of a stronger U.S. dollar, though bulls remained encouraged by the haven yellow metal’s resilience. Gold for April delivery GCJ9, +0.34% on Comex was up $2.20, or…
Warning! Interest Rates, Inflation, & Debt Do Matter
BySirhcWith our national debt blowing past 23 trillion dollars nothing is as sobering as looking at future budgets. We should be worried. Central banks across the world claim the lack of inflation is the key force driving their QE policy and permitting it to continue, however, the moment inflation begins to take root much of their…
Gold Is Dangerously Under-owned by Americans, Especially Now Gold Is Dangerously Under-owned by Americans, Especially Now
BySirhcFar from being mired in the summer doldrums, precious metals markets appear to be on their way to making this summer one for investors to celebrate. $20+ silver and new record highs for gold are both well within reach. Even as the big tech stocks that make up the Nasdaq are posting rip-roaring gains, the…
Gold rebounds as Fed’s new inflation strategy boosts investor appetite
BySirhcThe fallout from the US Fed’s new inflation strategy continued on Friday, with investors finding comfort that policy will remain accommodative. This saw the ANZ China Commodity Index ending the session up 0.2%. This capped off a positive week for commodities, with the CCI rising 0.6%. Industrial metals led the complex, with nickel and copper recording strong…