Search Results for: Gold price
Goldman Sachs Sees Big Potential for Fintech in Brazil
May 16th, 2017
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...
Cotton rally frays. But soybean prices hold firm
May 16th, 2017
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes hit 101,516 contracts (which stood as the highest until the ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
HKEX Announces Plan for Physically Settled CNH and US$ Gold Futures
May 8th, 2017
First of their kind gold futures contracts denominated in CNH and US$ and traded on the same platform Physical kilobar (1 kilogram) contract ideal for Asia After-hours as well as day trading (nearly 16 hours of trading per trading ...
Oil prices rise on expectation of output cut extension
May 8th, 2017
Oil prices rose on Monday as Saudi Arabia’s energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of 2017, although a relentless increase in U.S. drilling capped gains. Brent ...
Will Bitcoin price reach $2000 soon?
May 4th, 2017
Aside from the longstanding conflicts in the Bitcoin community and the recent upsurge in the capital outflow to other cryptocurrencies, do you think $2000 seems a sure range that could have been reached by now? Bitcoin’s eventful life The ...
Elliott Wave Analysis: Gold Trading In A Correction
May 3rd, 2017
Elliott Wave Analysis: Gold Trading In A Correction Gold is moving lower for the last two weeks or so, but if we take a look at the price structure we can see that decline is slow, choppy and overlapping. ...
Litecoin price rises
April 25th, 2017
Often dubbed as ‘silver to bitcoin’s gold’, Litecoin has been around for around six years. While Litecoin is broadly built on a structure similar to Bitcoin’s, it has a faster block generation rate and hence offers a faster transaction ...
Oil prices firm on strong demand, political uncertainty in Syria
April 10th, 2017
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another rise in U.S. drilling activity kept a lid on gains. Brent crude futures, the international benchmark for oil, were at $55.28 per ...
Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets
April 8th, 2017
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...