Thursday, February 25News That Matters

Tag: silver

PRECIOUS-Gold, silver ease as greenback holds firm come 2-month top

PRECIOUS-Gold, silver ease as greenback holds firm come 2-month top

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Biggest chance to gold is stronger restoration on vaccines- analyst 10-yr Treasury yields at over three-week high Financial institution of England policy decision due at 1200 GMT (Updates costs) By Sumita Layek Feb 4 (Reuters) - Gold and silver costs dropped on Thursday, as a firmer greenback dented their appeal, while investors awaited the passage of an enormous stimulus package in the US and the Financial institution of England's policy outlook. Assert gold dropped 0.6% to $1,822.41 per ounce by 0823 GMT. U.S. gold futures fell 0.5% to $1,825.20. Silver declined 1.4% to $26.49. Costs have eased since hitting a come eight-yr top of $30.03 on Monday because the social media-pushed rally fizzled out. "The strikes in silver...

Silver drops from 8-one year peak as stellar rally loses steam

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Silver prices dropped on the subject of 2% onTuesday, as investors locked in profits after the treasured steeltouched a advance eight-one year peak within the outdated session.Blueprint silver slipped 1.5% to $28.54 an ounce by 0257GMT, after leaping 7.3% to hit its perfect since February 2013at $30.03 on Monday, as retail investors piled into the marketfollowing calls on social media in an strive to push prices up.The Chicago Mercantile Alternate’s steps to amplify marginson silver shopping and selling, and discourage the extremely speculativebehavior within the market has caused some income taking, mentioned IGMarket analyst Kyle Rodda.CME Group Inc on Monday raised Comex 5000 SilverFutures margins by 17.9% to $16,500 per contract from $14,000for February.Margins are deposits mandated b...

Silver Squeeze, Exxon, Chevron Merger Discuss, China PMI

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No results matched your search Financial system18 hours up to now (Feb 01, 2021 06: 37AM ET) © Reuters By Geoffrey Smith  Investing.com -- Silver hits $30 an oz.. because the retail investor navy moves on from GameStop. The quick squeeze in other stocks easy has some juice left in it. Stocks are dwelling to leap at opening, helped by reports of Exxon and Chevron having held merger talks. And China’s ...