Author: Admin
Platinum and palladium might not get as much attention as gold or silver, but they’re essential to industries ranging from jewelry to dentistry to automotive manufacturing. But how do these metals get their global prices, and who sets the standards for their trade? The answer lies with the London Platinum and Palladium Market (LPPM), the world’s leading authority for platinum and palladium trading. If your business handles these precious metals, understanding the LPPM can help you stay competitive and informed. You can stay up to date on the daily Fixing from the LPPM by signing up for a free business…
TD Securities’ James Rossiter and Julie Ioffe argue that Prime Minister Starmer is likely to be replaced by late September, with Labour’s leadership race centering on Burnham, Streeting, Rayner and Miliband. They expect Labour to shift left over time, with higher spending and taxes, possible defence-rule carve‑outs, but no early general election before at least 2028.Starmer exit path and Labour policy mix”Our long-held base case view that PM Starmer would be replaced this summer is now playing out. Candidates are lining themselves up for a leadership race, likely to be launched in late June. It’s the start of a slow…
The World Cup runs from June 11 to July 19, with games being played in cities across the U.S., Canada and Mexico. Tickets went on sale in October and have sold for as much as $10,000, with the cheapest options to see the U.S. team running around $1,640.
If you work in the jewelry industry, you’ve likely heard of Ramat Gan’s Diamond Exchange District. Located just outside Tel Aviv, this bustling district is home to one of the largest and most secure diamond trading centers in the world, the Israel Diamond Exchange (IDE). As part of our series exploring jewelry districts across the United States and around the globe, we’re taking a closer look at this fascinating hub of diamond and jewelry commerce and how it connects to your work as a jeweler. What is the Diamond Exchange District? The Diamond Exchange District, often referred to simply as…
Standard Chartered economists Christopher Graham and Carol Liao discuss the EU’s widening trade deficit with China, highlighting the autos sector as a key example of the imbalance. They note EU efforts to expand its trade policy toolkit and industrial strategy, while expecting China to maintain a restrained, pragmatic approach that preserves trade ties but leaves room for targeted actions.EU weighs broader trade policy response”EU officials are growing increasingly concerned with the bloc’s widening trade deficit with China. Although largely due to higher import volumes, it is also being driven by weakening export volumes to China.””The autos sector has become symbolic…
“The vast majority of people I’ve known are intimidated by money’s power, imbue it with almost magical qualities.”
Tucked outside Birmingham’s city center lies one of the most important jewelry production hubs in the world: the Birmingham Jewellery Quarter. With a history spanning over 250 years, this iconic district has long been synonymous with craftsmanship, innovation and the enduring value of precious metals. Today, while much has changed in the global jewelry industry, the Jewellery Quarter remains a vital part of the supply chain, especially when it comes to gold. A Rich History of Craftsmanship The Birmingham Jewellery Quarter dates back to the 18th century, when skilled artisans began setting up workshops in the area. As the Industrial…
Gold price (XAU/USD) trades on a flat note during the Asian trading hours on Thursday. The precious metal steadies as markets turn cautious ahead of the US President Donald Trump-Chinese President Xi Jinping summit in Beijing. The US April Retail Sales report will also be in the spotlight later on Thursday. Bloomberg reported late Wednesday that Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties with a summit playing out against the backdrop of the Iran war.The United States (US) and China…
The Indian government is trying to alleviate pressure on its currency by discouraging gold imports. However, some analysts think this will likely have the opposite effect of that intended as investors seek to protect themselves from the inflationary impact of a depreciating rupee.
The New Zealand Dollar (NZD) is showing the weakest performance of the G8 currencies on Wednesday, heading lower for the second consecutive day against a stronger US Dollar (USD), with NZD/USD bears testing the bottom of the weekly range at 0.5930 at the time of writing.The US Dollar is drawing support from waning hopes of further Federal Reserve (Fed) rate cuts, following strong US Consumer Price Index (CPI) figures on Tuesday, and investors’ concerns about the stalemate in the US-Iran conflict. In New Zealand, the increase in the Reserve Bank of New Zealand’s (RBNZ) Inflation Expectations has failed to support…