“ “When interest rates are zero or close to zero, then gold is an attractive medium because you don’t have to worry about not getting interest on your gold and you see that the price of gold will increase as uncertainty increases in the markets.” . “ – Mark Mobius …
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Gold prices appeared to extend a winning streak to a fifth straight session on Thursday, bringing the yellow metal at a distance from a record settlement high of around $ 1,900 an ounce, underscoring the feverish demand for bullion amid the worst pandemic in more than a century. If gold …
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Shares ended higher on Wednesday following news that drug maker Pfizer (PFE) – Get report reached a coronavirus vaccine agreement with the United States government. Global coronavirus infections crossed 15 million on Wednesday, according to Reuters, and the US reported more than 1,000 deaths from Covid-19 on Tuesday, the first …
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Gold and silver rose further on Wednesday, after China said the United States ordered it to close its Houston consulate, signaling a further increase in tensions between the two countries and sparking demand for safe-haven assets. “Gold attracts flows when real interest rates compress and when political tensions increase, making …
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LONDON (Reuters) – More than 1,000 climate-friendly projects could line up for a part of the EU’s post-coronavirus recovery package, as ministers begin to discuss the bloc’s budget for 2021-27 and the stimulus fund economic, according to an investigation seen by Reuters. FILE PHOTO: Flags of the European Union wave …
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