Tag: Commodities
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Silver Clears $66 As Buyers Stay In Control: Technical Analysis
Overview: Silver Breaks Above $66 Silver has breached the $66 level in a move that underscores continued demand for precious metals. The breakout comes amid a broader risk-on tone in markets and persistent concerns about inflation and currency devaluation. Traders are watching XAGUSD closely as the metal tests fresh highs, suggesting that buyers remain in…
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Silver Surges Past $66 as Buyers Maintain Momentum: A Technical Outlook
Overview: Silver Breaks Above $66 Silver has pushed above the $66 level, signaling a renewed buying interest and the potential for fresh upside. The breakout comes as traders weigh a mix of strong demand indicators and macro catalysts that have supported precious metals this year. With momentum firmly in the hands of buyers, the path…
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Tokio Marine to Acquire CIH, Expanding Technology-Driven Risk Management for Agriculture
Tokio Marine Expands into Tech-Driven Agricultural Risk Management In a move set to reshape the agricultural risk landscape, Tokio Marine Holdings, Inc. announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH). The deal underscores Tokio Marine’s strategy to deepen capabilities in technology-enabled risk management across essential sectors, especially farming and…
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Unlocking Africa’s Economic Potential for Faster Long-Term Growth
Overview: Africa’s Path to Faster Long-Term Growth Economies across Africa face a mix of headwinds and opportunities as global conditions evolve. With inflation cooling and global long-term rates potentially easing, the continent could poisedly harness faster long-term growth. Unlocking Africa’s economic potential means leveraging commodity booms, expanding inclusion in global value chains, and implementing reform…
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Silver Price Forecast: XAG/USD Near $51 After Shutdown Ends
Silver Improves on Optimism as Shutdown Ends The silver market, tracked as XAG/USD, moved back into positive territory and pressed toward the $51 per ounce mark during the Asian session on Monday. The initial spark stemmed from relief that the US government shutdown has ended, removing a layer of political risk that had kept investors…
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China Scraps Gold Tax Break: Global Bullion Markets React
Introduction: A watershed move in China’s bullion landscape China has abolished a long-standing tax incentive on gold sales, a decision announced by the Ministry of Finance that could significantly alter the price dynamics for one of the world’s largest bullion markets. The change, effective immediately, ends a policy designed to keep consumer costs lower and…
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ASX Reaches Record High as Unemployment Jump Fuels Bets on Rate Cuts
ASX closes at a fresh record as unemployment rises The Australian share market closed at a new record high as the September jobs data sparked renewed bets on further interest rate cuts from the Reserve Bank of Australia (RBA). The S&P/ASX 200 finished up 77 points, or 0.86%, at 9,068.40, topping the previous record high…
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Silver ETFs in India Trade at Steep Premium as Prices Rally
Rally in Indian Silver ETFs: Premiums Leap Beyond NAV Indian investors have flocked to silver exchange-traded funds (ETFs) on the National Stock Exchange (NSE), driving prices higher even as the underlying metal’s official NAVs lag. Top-traded silver ETFs from major fund houses, including SBI Mutual Fund, HDFC Mutual Fund, and Axis Mutual Fund, are posting…
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Silver ETFs Trade at Steep Premium as Prices Hit High
Silver ETFs Trade at Steep Premium as Prices Hit All-Time High On the National Stock Exchange (NSE), the most-traded silver exchange-traded funds (ETFs) from major mutual fund houses have surged, with gains ranging roughly 9% to 13% over recent sessions. Yet, their net asset values (NAVs) imply valuations should be substantially lower, signaling that investors…
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The Metals Company: Canadian Growth Stock With Massive Upside
The Metals Company: A Canadian growth stock with a frontier of opportunity Among Canadian growth stocks, The Metals Company (NASDAQ:TMC) stands out not just for its ambitious business model, but for the potential it offers to early investors who can tolerate significant execution risk. Based in Vancouver and trading on U.S. exchanges, TMC is exploring…