Author: Admin
Bitcoin was hovering around the $80,000 level Tuesday after the cryptocurrency surged last week on the Treasury Department’s plans to double its buy back of longer-dated Treasurys.
On 5 February 1869, two Cornish miners digging near Moliagul, in Victoria, Australia, pulled a single lump of gold weighing over 109 kilograms out of the ground, just a few centimetres below the surface. It’s still the largest gold nugget ever found anywhere on Earth. Within weeks it had been melted down into ingots and shipped to the Bank of England, so the actual nugget no longer exists. The story behind it, and the handful of giant nuggets that do still survive today, is part of what makes gold nuggets one of the more genuinely fascinating corners of the gold…
Gold prices fell in United Arab Emirates on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 546.42 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 549.31 it cost on Monday.The price for Gold decreased to AED 6,373.38 per tola from AED 6,407.09 per tola a day earlier.Unit measureGold Price in AED1 Gram546.4210 Grams5,464.24Tola6,373.38Troy Ounce16,995.69FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for…
“I also own my home and an SUV outright, with no outstanding debt.”
If you’re weighing up how to invest in precious metals, gold and silver are usually the starting point, but they’re no longer the whole picture. Platinum and palladium each offer their own risk and demand profile, and a growing number of investors now hold some combination of all four as part of a diversified portfolio. It’s worth considering that gold, silver, and platinum all qualify for Singapore’s Investment Precious Metals (IPM) exemption from GST, while palladium doesn’t. This is a real practical difference that makes gold, silver, and platinum the primary choices for most investors buying/storing in Singapore, with palladium…
Good or Bad for the U.S. Dollar? Steepening Yield Curve A sharp increase in longer-term government bond yields has become headline news, not only in the United States but across several major developed economies. The yield on the 30-year U.S. Treasury bond has climbed to its highest level since 2007 as investors weigh persistent inflation risks, rising energy prices, large fiscal deficits and an expanding supply of government debt. The rise in long-term yields has also caused the U.S. Treasury yield curve to steepen. This raises an important question for currency traders: Is a steepening yield curve…
“I’m curious whether there’s a downside.”
The week in one sentence: Speculative positioning turned more constructive in the week to August 18. WTI recorded the largest increase, followed by a sharp narrowing in CAD net shorts. VIX and JPY positioning moved the other way, while Gold remained the clearest crowded long despite a softer spot price.WTI: Positioning rebounds with pricesSpeculative net longs in the West Texas Intermediate (WTI) increased by nearly 23K contracts to around 122.1K contracts, marking the strongest weekly rise since late July. WTI traded with decent gains over the reporting week, confirming the more constructive flow, although net positioning remains near the 13th…
“You’ll have to trust me when I tell you that she had love, support and opportunities.”
Week in Focus 24-28th August 2026: Highlights include NVDA earnings, US PCE, BLS revisions, Bessent on Iran, and Jackson Hole NVDA Earnings MON: US Treasury Secretary Bessent on Iran; Mexican Inflation (Aug), US Chicago Fed National Activity Index (Jul) TUE: RBA Minutes (Aug), German GDP Final (Q2), German Ifo Expectations (Aug), US House Price Index (Jun), US Richmond Fed Manufacturing Index (Aug) WED: Australian CPI (Jul), US PCE (Jul) and GDP 2nd (Q2) THU: Fed Jackson Hole Symposium (27-29th), BoK Announcement, German GfK (Sep) FRI: Fed Jackson Hole Symposium (27-29th), Tokyo CPI (Aug), Japanese Unemployment Rate (Jul), French and Spanish…