Gold futures for delivery in October rose as much as 0.6 per cent. Gold, Silver Price Today: Gold futures for delivery in October rose as much as 0.6 per cent to hit an intraday high of Rs 47,519 per 10 grams on the Multi Commodity Exchange on the back of price rise in international markets.
Month: August 2021
Within days we recovered from the recent move to the downside… Gareth Soloway on Palisades Gold Radio Gareth explains the thesis for long-term gold holding. Investors should consider drops as possible buying opportunities. Within days we recovered from the recent move to the downside. He expresses some concerns about silver since it broke a recent
If you’re one of the millions of people who have struggled financially during the COVID-19 pandemic, it’s important to know that help is available. Here is a brief overview of the assistance programs available to struggling Americans. Key Takeaways Numerous government assistance programs have been created in response to the COVID-19 pandemic including the $1.9
US president Joe Biden vowed to plough ahead with the evacuation of those trying to flee Afghanistan and punish the perpetrators of an attack outside Kabul’s airport that killed at least 13 US troops and dozens of Afghans. At the end of what one aide called “maybe the worst day” of his eight-month presidency, Biden
Back in 2008, US songwriter and co-founder of pensive indie rockers The National Aaron Dessner was working on a charity compilation LP when he messaged Bon Iver frontman Justin Vernon with the bare bones of a song entitled “Big Red Machine”. The title was supposed to be a nod to Dessner’s native Cincinnati (the city’s
Four hundred investors, 20 states, 10 years, $110 million in lost principal. Those are the big numbers that figure in an alleged Ponzi scheme perpetrated by a Georgia-based advisor, his RIA and the fund he controlled for over a decade, regulators say. Last Friday, the Securities and Exchange Commission filed a complaint in the U.S.
Enterprise cloud applications company Workday (WDAY) delivered better-than-expected fiscal second-quarter 2022 results. Revenue and earnings came in above consensus estimates as the company benefited from digital acceleration. Quarterly revenue grew 18.7% year-over-year to $1.26 billion, beating consensus estimates of $1.24 billion. Subscription revenue was up 19.5% year-over-year to $1.11 billion. Diluted net income per share
Sharing is Caring! by Michael Snyder There are certain moments that just make you want to cry. The bombings in Kabul that killed 13 U.S. troops and at least 90 Afghans didn’t have to happen. If we didn’t have completely and utterly incompetent political leaders and completely and utterly incompetent military leaders, things could have
Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such as the 6th Anti Money
It’s market standard to handle this particular issue this way. In the last 10 deals we’ve done, we’ve always resolved it this way. You’re off market to ask for something different. That’s the argument one often hears in any interesting negotiation of commercial real estate documents. Instead of arguing based on what makes sense given
A friend died last week. We had been friends for over 30 years. While we plan for our financial security in retirement, her passing caused me to question whether we are planning with equal intent and investment for our social wellbeing in older age. For those that began their careers in the 1980s, you will
Weakness moved out the yield curve Thursday as secondary bid-wanteds were still elevated while U.S. Treasuries pared earlier losses and equities sold off in the afternoon as news out of Afghanistan grew worse. For the 25th straight week, Refinitiv Lipper reported inflows into municipal bond funds. Investors put $1.9 billion of cash into the mutual
[embedded content] (Kitco News) - Bitcoin is on track to hit $100,000 in six months’ time, said Florian Grummes, managing director of Midas Touch Consulting, who warns that in the short-term, the price could pull back even more. Speaking to David Lin, anchor for Kitco News, Florian said investors should wait for a pullback to the
Delta variant caused fresh supply-chain disruptions. Effects? Slower growth and higher inflation. Sounds like a perfect mix for gold! by Arkadiusz Sieron of Sunshine Profits Delta variant caused fresh supply-chain disruptions. Effects? Slower growth and higher inflation. Sounds like a perfect mix for gold! The Delta variant of the coronavirus is spreading all around the world. Although
You can find plenty of recommendations on great funds for your portfolio before retirement, but what works once your saving is mostly complete and you’re drawing on the accounts? We asked several financial advisors for some fund recommendations for the retiree. Our experts mostly liked Vanguard funds, for their low cost and high performance, and
Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers. Tom Montag, 64, who is chief operating officer and leads the global banking and markets division, as well as Anne Finucane,
In Joe Biden’s remarks following the Kabul terrorist attack on Thursday, he concluded: “Ladies and gentlemen, after 20 years it is time to leave Afghanistan.” The moment was horribly circular. America went into Afghanistan in 2001 to drive out the terrorists. In 2021 US troops are exiting the country with the terrorists at their back.
A senior Hong Kong official has admitted that the city’s stringent travel quarantine regime had caused “suffering” for international businesses as executives warned that its reputation as a global financial hub was under threat. Edward Yau, Hong Kong’s secretary for commerce and economic development, has held talks with representatives from the territory’s business community after
A stock exchange hatched out of Silicon Valley that’s taking on established rivals in New York and Chicago is listing its first two companies. Twilio Inc., a $63 billion cloud-based software company, and Asana Inc., a work-management platform valued around $12 billion, will list their shares on the Long-Term Stock Exchange Thursday, LTSE said in
When Tesla (TSLA) wrapped its long-awaited “AI Day,” it left much of Wall Street bemused. In addition to discussions of supercomputers semiconductors and 3-D modeled highways, Tesla said it would be building a humanoid robot from the ground up next year — a timeline that Wells Fargo analyst Colin Langan called “optimistic,” and a distraction
Roberto Machado Noa Check out the companies making headlines after the bell: Peloton Interactive — Shares of Peloton sunk about 10% in extended trading after the exercise equipment company reported a wider-than-expected quarterly loss. The company posted a loss of $1.05 per share in the fiscal fourth quarter, compared with a loss of 45 cents
The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price of Bitcoin slid to
New York’s bustling real estate market continues to show no signs of a slowdown, as thinning supply and increasing demand have resulted in a steady flow of deals through the summer months. The frantic pace has resulted in a steady price creep, particularly in Manhattan’s most coveted neighborhoods. But with consumer prices on the rise—the
Before David Taylor, 38, could even finish touring homes he and his wife, Destiny, 37, were interested in buying, other buyers would offer $20,000 or $30,000 more than the listing price, in cash. After months of getting beaten out before they could even bid, their agent clued them in to a home in Christiansburg, Virginia,
Today’s column addresses questions about spousal benefits’ effects on the record holder’s retirement benefits, when the Windfall Elimination Provisions (WEP)’s effects can be lessened or removed and when survivor’s benefits may be available. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more
Women in Public Finance marks its 25th anniversary with a return to its Chicago roots for a hybrid in-person and remote conference in September. WPF will recognize the recipients of its annual Founders Awards. Michigan Treasurer Rachael Eubanks will receive the Lifetime Achievement Award; Suzanne Beitel, a senior vice president and chief financial officer at
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Bitcoin-U.S. dollar are lower again Thursday on what is so far still a routine corrective pullback after hitting and hit
When it comes to policy debates, it’s now pretty clear that if you’d like to sound very quaint and old-fashioned, be sure to express some concerns over the size of the federal budget and deficit spending. Such concerns are now taken about as seriously by the average politician in Washington as is the constitutionality of
Getty Images For investors looking for opportunities to generate income, closed-end funds (CEFs) can be an attractive option. Known for their income potential, these investment vehicles are unique for several reasons, including their closed structure and their ability to provide regular distributions. Like open-ended funds, CEFs include multiple types of offerings to fit almost any
US and European stocks wavered on Thursday after a fresh jolt of volatility in Hong Kong’s equities bourse and ahead of a US central bank summit. The S&P 500 and Nasdaq were both trading 0.3 per cent lower at midday. In Europe, the region-wide Stoxx 600 closed down 0.3 per cent, while the UK’s FTSE
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