India has taken a significant step towards curbing gold smuggling and stimulating domestic demand by slashing import duties on gold and silver. The move, announced on July 23, 2023, reduces import duties from 15% to …
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Bitcoin Price Soars After Trump Assassination Attempt, But Experts Warn of Overvaluation
Bitcoin’s price has surged by about 9% since a reported assassination attempt on former President Donald Trump, reaching approximately $64,000. While momentum is growing, the price movement is sparking debate, with some skeptics believing the …
Continue readingReserve Managers: Growth, But Geopolitics Worry
Global reserve managers are generally optimistic about the global economic outlook, expecting moderate growth and inflation in the next five years. However, they are deeply concerned about escalating geopolitical tensions, which they see as the …
Continue readingGold Shines in the Short Term, Copper Still a Mid-Term Favorite: Deutsche Bank Commodity Survey
Deutsche Bank’s latest Global Mining & Commodities Survey reveals a shift in investor sentiment, with gold emerging as the preferred metal in the near term. While decarbonization remains a key driver for commodity demand, concerns …
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