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NEW DELHI: Gold prices jumped Rs 1,182 to Rs 54,856 per 10 gram on Tuesday in the national capital following rally in international prices of the yellow metal, according to HDFC Securities. In the previous trade, gold had closed at Rs 53,674 per 10 gram. Silver was also in heavy demand as it zoomed Rs
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Yen’s rebound continues in relatively quiet trading in Asia. Risk aversion is not apparent as major indices outside of Japan are all in slight black. Instead, Yen traders could be reversing recent shorts as treasury yields pull back. Staying in the currency markets, New Zealand Dollar remains the worst performing one, followed by Dollar. The
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New York gyms can open next week Arizona reports 0 deaths Some good news from the Covid front today: Gov. Cuomo in New York said that gyms can open on August 24 with 33% capacity, masks Arizona reported 0 deaths yesterday and only 468 new cases. The ICU utilization remained at 80% In New York, hospitalizations
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NEW DELHI: Gold prices rose by Rs 340 to Rs 53,611 per 10 gram in the national capital on Monday, in line with firm international trend, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 53,271 per 10 gram. Silver also witnessed increased buying and gained Rs 1,306 to
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As suggested in the CFTC Commitments of Traders report in the week ended August 11, NET SHORT for USD Index futures rose +1 707 to 8 182  contracts. Speculative long positions dropped -2 152 contracts and short positions were down -445 contracts. Fed’s ultra monetary easing has sent yields to exceptionally low levels. For instance,
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13F filings from Berkshire Hathaway The latest 2nd quarter 13F filings from Berkshire Hathaway show: reduced J.P. Morgan stake by 62%. Exited Goldman Sachs position Southwest air United Airlines Delta Air Lines American Airlines Restaurant Brands International Occidental Petroleum Other swings in positions show increased stakes in: Store Capital Corp.  Kroger Suncor energy Reduces positions
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New Delhi: India’s gold imports, which have a bearing on the current account deficit (CAD), plunged 81.22 per cent to $2.47 billion (about Rs 18,590 crore) during April-July period of 2020-21 due to a significant fall in demand in the wake of COVID-19 pandemic, according to data from the Commerce Ministry. Imports of the yellow
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Buffett bought a stake in miner Barrick Gold Warren Buffett has famously disparaged gold but evidently he’s had a change of heart. According to a Q2 13F filed today, The Oracle of Omaha added 20.9 million shares of Barrick Gold, which is the world’s second largest gold miner. He paid $563.5 million for the stake,
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