HSBC will have to share custody with JPMorgan of $52 bln in gold bars
LONDON, Dec 1 (Reuters) – JPMorgan (JPM.N) will join HSBC (HSBA.L) in storing bullion for the world’s biggest gold-backed exchange-traded fund (ETF), the fund’s operator...
Gold soars 2% as Fed rate hike slowdown prospects hit dollar
Gold highest since early August, futures surge over 3% Silver climbs more than 2% to highest since May Dollar drops to near four-month low Focus...
Dollar hovers near three-month low amid bets Fed will slow hikes
LONDON, Nov 25 (Reuters) – The U.S. dollar edged up on Friday but stayed near a three-month low and on track for a weekly loss...
Exclusive: Germany steps up emergency cash plans to cope in blackout
FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running,...
Gold near 3-week peak on dollar slide; U.S. inflation data in focus
Traders await U.S. inflation data on Nov. 10 Gold rose more than 3% on Friday Dollar hits over one-week low Nov 7 (Reuters) – Gold...
UK government faces tough budget decisions, says minister
LONDON, Nov 6 (Reuters) – Britain’s government is facing significant and difficult decisions on taxes and spending in an effort to plug a budget shortfall,...
Euro zone downturn deepens, points to winter recession
Euro zone PMI fell to 23-month low in October Price pressures in 19-nation bloc remained high September German industrial orders fell more than expected LONDON,...
Storm clouds gather over the pound as focus turns back to dire economy
LONDON, Nov 2 (Reuters) – The pound has just staged its biggest monthly rally in a year after shaking off weeks of British political turmoil,...
Record central bank buying lifts global gold demand, WGC says
LONDON, Nov 1 (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping...
Russia’s Sechin says Taiwan will return to China ‘on schedule’
Sechin: China will get Taiwan on time Sechin praises Saudi Arabia Sechin says BP a ‘shadow’ shareholder BP: continuing to pursue an exit BAKU, Oct...