Category: 6. Business
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Trump Trade in Gold is Valid – Even with Post-Election Dip. Here’s Why.
After Donald Trump was elected the 47th president of the United States, some investors were alarmed by the dip in gold prices. The recent “run” of gold (and silver) at first seemed to be in jeopardy, and investors — including gold IRA… Continue Reading
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Bladeranger signs solar panel drone cleaning deal with Electra
Bladeranger (TASE: BLRN), which develops cleaning technologies based on drones, and software and hardware-based solutions for monitoring and analyzing solar energy fields, reports that Propellor Drones has concluded a framework… Continue Reading
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Israel’s risk premium falling sharply
Israel’s risk premium, as reflected in several indices, has been sharply moderating in recent days. This can be seen in the foreign exchange market as well as the bond market. This is a positive trend signaling a major change in… Continue Reading
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China Silver Imports Surge to 9,000 metric tonnes per year
China has emerged as a silver-importing powerhouse, with annual imports reaching an unprecedented 9,000 metric tonnes, challenging India’s long-standing dominance in precious metal acquisition. Key Takeaways China’s silver demand has surged… Continue Reading
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Housing price falls in Israel set to gain momentum
After nine consecutive months are rises in the Housing Price Index, prices fell in the latest index for August-September 2024, published by the Central Bureau of Statistics last week. Although the average price only fell 0.1%,… Continue Reading
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Gold rebounds after six-session losing streak as dollar rally pauses
(Nov 18 – Reuters) Gold prices staged a notable rebound on Monday, breaking a six-session losing streak and signaling potential shifts in global financial sentiment. The precious metal rose over 1.5%, recovering from a two-month low and… Continue Reading
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Discount Bank posts 40% profit rise, announces share buyback
The bank will buy back shares up to a total of NIS 500 million. Israel Discount Bank posted a 40% rise in third quarter profit to NIS 1.2 billion. The bank’s annualized return on… Continue Reading
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Budgets chief: Politics overcame equality in austerity measures
Yogev Gradus, head of the Budgets Division of the Ministry of Finance, commented at the Globes Investment Conference on the large challenges that the Israeli economy faces because of the continuing war. Talking to “Globes”… Continue Reading
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Planning Administration CEO: ‘Periphery no longer exists in modern plann
“The word ‘periphery’ is no longer in use,” stated Rafi Elmaliach, CEO of the Planning Administration, during an interview with Ofer Petersburg at the conference marking 30 years of Bank of Jerusalem’s real estate sector. “This is especially… Continue Reading
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Goldman Sachs Says ‘Go for Gold’ as Central Banks Buy
Goldman Sachs Group Inc. has positioned gold as a premier commodity pick for 2025, with analysts explicitly directing investors to “Go for gold.” The firm’s forecast points to an unprecedented rally reaching $3,000 per ounce by December… Continue Reading
