Hints and tips:
...Long gold positions held by futures traders on the Shanghai Futures Exchange (SHFE) climbed to 295,233 contracts, equivalent to 295 tonnes of gold....
...Gold prices have largely held above $2,000 per troy ounce since late November, spurred along by the breakout of war in the Middle East a month earlier....
...Raghavan joined JPMorgan in 2000 and previously held senior roles in the lender’s debt and equity capital markets businesses, and also ran investment banking in Europe, Middle East and Africa....
...of the first “physical” spot bitcoin ETFs in the US, has coincided with sharp selling of gold ETFs, which bled $7.7bn over the same period, even as the gold price rose to an all-time high of $2,200 per troy...
...The mythological Helen of Troy maligns herself with this odd turn of phrase in Emily Wilson’s new translation of Homer’s Iliad....
...The “voracious” rate of buying has helped bullion prices defy surging bond yields and a strong dollar to trade just shy of $2,000 a troy ounce....
...The Fed on Thursday held interest rates steady for the second meeting in a row — though it has kept open the possibility of further tightening....
...The dollar weakened 1.1 per cent against a basket of peers while gold added 0.4 per cent to $2,035 per troy ounce. Additional reporting by Stephanie Stacey in London...
...The violence in the Middle East has reversed gold’s recent slide, as rising bond yields pushed the yellow metal to $1,820 per troy ounce....
...Need to know: global economy Gold prices continue to rise, today hitting another all-time high of $2,353.79 a troy ounce....
...“If you deflate the gold price over the past four decades, it hasn’t held its value in real terms,” says Emma Moriarty, investment manager at CG Asset Management....
...It starts with a father’s plea to bring home a child held hostage — which in Wilson’s clean translation prickles the skin with its relevance this week....
...Invesco’s survey found that 68 per cent of central banks held part of their gold reserves domestically, up from 50 per cent in 2020....
...In 2015, Staley appeared to refer to the mythical battle of Troy, writing: “The strength of a Greek army was that its core held shoulder to shoulder, and would not flee or break, no matter the threat....
...For some, this is validation of long-held beliefs on the security of the global economy....
...He held a similar role at Credit Suisse. Moelis & Co has hired Edouard Debost as a managing director based in Paris. He previously held senior roles at JPMorgan Chase....
...GLD is a major player in the bullion market, accounting for more than 25 per cent of all assets held by gold ETFs....
...He recited 100 lines of the Iliad from memory when he brought Agamemnon to baptism and he held a copy of Homer on Andromache’s forehead before she was christened....
...The plan, one of the Greens’ pet projects and a cornerstone of their climate agenda, has been held up by the FDP. The EU single market is 30 years old this week....
...After falling in 2021, gold held by ETFs has increased by 57.3 tonnes already this year....
...Speaking at a conference in early March, Troy Rohrbaugh, head of global markets at JPMorgan, said the bank’s quarter-to-date performance was down 10 per cent in trading....
...“Smells of roast beef, spices, warm bread, sweaty men, resin from the walls, tar from the torches” — one of innumerable drunken dinners held to while away the time, for these men are bored, paranoid and...
...The price of the precious metal, often held by investors via exchange traded funds, has risen by 6.4 per cent so far this year, trading last week at $1,922 per troy ounce....
...“We will continue to exclude products made by modern slavery from entering into the United States,” said Troy Miller, CBP acting commissioner....
...Brent crude nudged up 0.7 per cent to $73.22 a barrel, gold sank 0.4 per cent to $1,811 a troy ounce and the dollar traded flat against a basket of its peers....
International Edition