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Last week was a strong one for gold, which managed to eke out its fourth straight week of positive gains. The price of the yellow metal broke above $1,350 an ounce last Friday, while gold miners, as measured by the NYSE Arca Gold Miners Index, tested their 52-week high. Investors sought safe...
It's no secret that the gold price ( GLD ) ( PHYS ) is enjoying a strong rally right now. Gold finally broke above $1,300/ounce again at the end of May, it has continued to rally in June, and it broke above $1,350/ounce on Friday morning, so it is getting more and more attention in the financi...
While gold is the leader of the precious metals sector, silver is the metal that tends to move the most on a percentage basis when it gets going on the up or the downside. Silver also has a long history if igniting the passions of market participants. The Spanish empire became the richest on t...
After a period of economic prosperity, it is a given that eventually a period of economic decline will follow. This is a well-known reality. Since at least the early '80s, there has been a period of great economic prosperity. Yes, there were many recessions during that period; however, as a ...
Lira Comeback? The price of gold jumped 35 bucks last week, and that of silver 48 cents. The dollar is now down to 23 milligrams of gold. Keith is on the road this week, so we will just comment on one thing. If Italy is serious about moving back to the lira, that will make the euro less so...
It was just two weeks ago that the SPDR Gold Trust ETF ( GLD ) was close to breaking down and heading to lower lows for the year. But since late May, it has staged a significant rally (up each of the last 8 trading sessions) and suddenly GLD is sitting near highs from earlier in the year. (...
Just when it looked like silver was heading for a test of $14 per ounce and perhaps a test of the November 2018 low at $13.86, or even the December 2015 bottom at $13.635, the price turned around at the end of May and put in a bullish reversal on the weekly chart, by only two ticks. Silver fel...
Is Silver Still Useful As A Monetary Metal? The price of gold jumped a whole twenty bucks last week. We imagine that the marginal gold bug is relieved to be rid of his gold, in this opportunity afforded by the highest price since early April. OK, all kidding aside, the price of silver went u...
By Erik Norland Gold prices have been on a wild ride. Between 2000 and 2011, they rose from $280 to around $1,900 per ounce before falling back to $1,050 in 2015. Currently, they are trading close to $1,300 an ounce. Gold has made similar-sized moves when priced in the Chinese renminbi ((C...
The silver miners’ stocks have been pummeled in recent months, plunging near major secular lows in late May. Sentiment in this tiny sector is miserable, reflecting silver prices continuing to languish relative to gold. This has forced traditional silver miners to increasingly diversify ...
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2024-02-20 03:00:09 ET Steven Lichtman from Oppenheimer issued a price target of $89.00 for DBS on 2024-02-20 02:23:00. The adjusted price target was set to $89.00. At the time of the announcement, DBS was trading at $28.6753. The overall price target consensus is at $89...
2024-02-20 02:30:03 ET Oppenheimer analyst issues PERFORM recommendation for DBS on February 20, 2024 02:23AM ET. The previous analyst recommendation was Perform. DBS was trading at $28.6753 at issue of the analyst recommendation. Historical Analyst Recommendations ...
DBS, Olam International and Marriott Vacations Club share top honours as Kincentric Best Employers in Indonesia for 2021 Jakarta, Indonesia, Feb 10, 2022 - (ACN Newswire) - DBS, Olam International and Marriott Vacations Club Worldwide have emerged as Indonesia's Best Employers...