Gold Goes On A Discovery Route, Surges To Record
Gold opened the first week of August with a rise to a record. However, the precious metal retreated to trade little changed as the dollar nudged higher and the European ...
Tag: COVID-19
Shell Records $18B Loss, Crumbling Global Oil And Gas Prices To Blame
Royal Dutch Shell was hit by huge changes in fortune as the COVID-19 crisis forced a write-down in asset values. The energy giant reported deep financial losses after that record ...
Bitcoin Can Hedge USD Better Than Gold
Bitcoin may begin to present a more attractive alternative to both the USD and gold in the eyes of investors. The crypto is currently enjoying a stronger negative correlation with ...
Oil Prices Rise As US Crude Stocks Decline
The prediction of United States crude inventory fall signals increases in American oil consumption. On July 29, the oil prices gained as an estimated US crude oil inventory decline continues ...
Silver (XAGUSD) Surges To Multi-Year Highs As Dollar Weakens
On July 27, silver managed to remain above the resistance at $23.25 and it rallied up to $24.60. This surge has come amid a weakening US dollar and a strong ...
Gold May Surge Further Despite 30% Gains YTD, Quantum AMC Says
Based on the data obtained from the Multi Commodity Exchange of India Ltd (MCX) spot market, gold rose to ₹50,700 per 10 gram on July 23. Year to date (YTD), ...
US Coin Bullion Prosecution Postponed Due to Coronavirus
The ongoing COVID-19 pandemic has led to the postponement of a prosecution action against US Coin Bullion. The owners of the firm pleaded guilty of fraud in October last year. ...
It Is Crypto Hackfest Again, Twitter Brutalized
Crypto scams have hit many unsuspecting victims but this time around the hackers went mega. A hacker who is suspected to be behind a major hack targeting Twitter accounts on ...
Watch The Oil-Gold Ratio To Determine Where Crude Is Heading, Morgan Stanley Says
Morgan Stanley analysts say that the ratio between two of the world’s most-watched commodities is worth reviewing. That ratio may prove to be of interest to anyone who seeks guidance ...
Gold Prices Surge To Near Record Highs, Silver Follows The Uptrend
On July 13, gold prices edged higher during the Asian session, tracking firm global prices. The gold futures prices were up about 0.35% after hitting record highs in the past ...
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