Category: 6. Business
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Streible: Silver’s rise linked to oil retreat and China data
When Schwab Network Lead Anchor Oliver Renick asked Blue Lines Futures Chief Market Strategist Phil Streible what he thought of Friday’s performance from silver, the longtime commodities expert didn’t hesitate to show some enthusiasm. He… Continue Reading
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Silver Prices Surge: Banks Face Billion-Dollar Losses
Silver prices soared by over 6% yesterday, breaking through the crucial $33.6 per ounce mark and sending shockwaves through global markets. The surge has put five major U.S. banks at risk of massive losses, potentially in the billions, due… Continue Reading
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BofA: Global debt concerns make gold more attractive than treasuries
Bank of America strategists released a report suggesting that the increased appetite for deficit spending by the world’s governments could make gold the last remaining safe-haven asset. Despite the long-standing belief that U.S. treasuries… Continue Reading
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Even adjusted for inflation, gold is breaking out
After a period of heavy inflation resulting from the COVID-19 pandemic, it’s not uncommon for precious metals investors to be curious about how much of an effect the devaluation of the dollar has had on gold’s continued move to all-time… Continue Reading
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Silver Breaks $33 Level with 5% Surge, Gold Hits New Record High
In a dramatic turn of events for precious metals investors, silver has surged past the $33 per ounce mark, registering a remarkable 5% increase. This breakthrough comes as gold continues its record-breaking run, touching a new all-time high… Continue Reading
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Military consumption of silver could far exceed industrial demand
Follow us on X for precious metals news @JPost_Metals While silver’s role in consumer electronics and renewable energy is well-known, a lesser-discussed aspect of its industrial demand lies within the often-secretive realms of military and… Continue Reading
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Goldman Sachs: “Gold Could Break $3,000 in 2025”
Gold prices are on a meteoric rise, driven by a confluence of factors that suggest continued upward momentum in the coming year. As global economic uncertainty persists, investors are turning to gold as a safe haven asset, propelling its… Continue Reading
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Shekel gains strongly after Sinwar’s demise
The shekel has been gaining strongly this morning after the IDF confirmed last night that it had killed Hamas leader Yahya Sinwar. In inter-bank trading the shekel-dollar rate is 1.40% lower at NIS 3.71/$ and the shekel-euro rate is… Continue Reading
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Gold price sets new record high near $2,700
Gold prices soared to an all-time high of $2,696.62 per ounce on Thursday, underscoring the precious metal’s enduring appeal as a safe-haven asset in times of global uncertainty. The surge comes amid a perfect storm of economic and… Continue Reading
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Cyera buys Israeli cybersecurity co Trail Security
Israeli cybersecurity company Cyera today announced that it is acquiring Israeli company Trail Security, a startup in a similar field of database protection. Both are portfolio companies of Gili Raanan’s Cyberstarts. Trail Security,… Continue Reading
