Hints and tips:
...Three UK equity income trusts — Troy Income & Growth, Edinburgh Investment Trust and Temple Bar — have cut their dividends since the outbreak of the pandemic, arguing that reductions may ensure a more stable...
...Woodstock has long been an attractive location for wealthy weekenders from Boston and New York who are looking for a respite from city life, says Laird Bradley, principal broker at Williamson Group Sotheby...
...Gold erased earlier declines to trade higher on the day, being exchanged at $1,300 per troy ounce. Additional reporting by Vivianne Rodrigues in New York and Naomi Rovnick in Hong Kong...
...The dollar’s weakness offered some support to gold as the yellow metal rose $13 to $1,393 a troy ounce....
...The answer would have to be No,” said John Williamson, senior fellow at the Peterson Institute for International Economics in Washington....
...Gold may have risen in price by 21 per cent in 12 months, to more than $1,100 per troy ounce – but interest in the metal is not fading in Beijing....
...“The speculation regarding the possibility of a silver ETF has been used as a good excuse to buy the metal,” said Alan Williamson, metals strategist at HSBC....
...The precious metal fell to a three-week low of $545.80 a troy ounce during the session, but recovered as investors showed an appetite for bullion at prices below $550 a troy ounce....
...Gold raced to a peak of $530.40 a troy ounce, its highest level since April 1981. The next target to break is the $540 peak seen in March 1981....
...“Concerns over Iran and the recent Hamas election victory have increased geopolitical tensions, which is always good for gold,” said Alan Williamson of HSBC....
...Gold edged closer to an 18-year high when it struck an intra-day peak of $480.25 a troy ounce in early trade, its highest level since January 1988, before falling back $5 to $475.80/$476.60 a troy ounce....
...However, the shift above $450 failed to break last December’s peak of $456.75 a troy ounce....
...Alan Williamson, precious metals analyst at HSBC, said inflation fears have been used to justify gold buying, notwithstanding the fact that the link between inflation and gold has been overstated, while...
...Alan Williamson, precious metals analyst at HSBC, said further short-term gains were possible....
..."Base metals came under pressure from fund long liquidation, with most contracts finishing lower on the day," Mr Williamson said....
...Gold fell $5 to $422.10 per troy ounce as stronger consumer confidence data out of the US helped lift the dollar....
...“We get them the best deals we can,” says Simon Troy, Supersonic director. “Sometimes we provide them free....
...Having hit $437.55 a troy ounce in early trade, bullion stood at $436.10 by midday in New York, up $3.35....
...Alan Williamson, precious metals analyst at HSBC, published a note on Thursday reiterating his forecast of an average gold price in 2005 of $455....
...But Alan Williamson at HSBC said the slide of the dollar did not by itself justify the sharp falls in recent days....
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