Page 4 - Gregor Gregersen News Today

(Bloomberg) -- Gold is playing its age-old role as a safe haven in times of wars and crises, and people all over the world are piling in.

Gold is playing its age-old role as a safe haven in times of wars and crises.

The Straits Times Singapore dealer prepares vault for 15,000 tonnes of silver Physical investment in silver is expected to reach a six-year high of about 7,286 tonnes in 2021.ST PHOTO: LIM YAOHUI Published6 hours ago https://str.sg/Jyps They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/mo...

Singapore bets on silver surge with huge new vault Demand persists for precious metal following Reddit-fuelled rally that led to eight-year highs 12 April 2021 • 5:55pm A precious metals dealer in Singapore is building a vault capable of storing 15,000 tonnes of silver amid a surge in prices and increased demand from retail investors.  The Reserve, a six-floor warehouse near Singapores Changi airport owned by Silver Bullion, holds about 400 tonnes and will be expanded by the first half o...

April 12, 2021 Precious metals, particularly silver futures and ETFs, are falling Monday, as the futures traders may be reigniting the downtrend to begin the trading week, amid a dearth of headline news to help move markets. June gold futures dropped $16.50 to trade at $1,728.30 an ounce, while May Comex silver futures declined $0.570 to $24.75 an ounce. The moves have been tougher on silver which is down 2.25% as of almost 3 PM EST. Technical analysts are suggesting that silver remains in i...

* China’s Shenzhen unveils plan to become gold hub Feb 5 (Reuters) - Physical gold demand picked up in China this week ahead of the Lunar New Year festival, while Indian retail buyers cheered a sharp dip in domestic rates. Singapore dealers, meanwhile, flagged a possible supply crunch fuelled by a surge in interest for silver. Chinese dealers charged premiums of $0.50-$5 an ounce over benchmark spot gold prices. Demand is “a little better due to the Lunar new year,” said Ronald Leung, chi...

Message : Required fields (Reuters) - Physical gold demand picked up in China this week ahead of the Lunar New Year festival, while Indian retail buyers cheered a sharp dip in domestic rates. Singapore dealers, meanwhile, flagged a possible supply crunch fuelled by a surge in interest for silver. Chinese dealers charged premiums of $0.50-$5 an ounce over benchmark spot gold prices. Demand is "a little better due to the Lunar new year," said Ronald Leung, chief dealer for Lee Cheong Gold Dea...

WRAPUP 8-GameStop, other Reddit-favored stocks plunge as trading frenzy fizzles Reuters 2/2/2021 (Adds industry background, comment by Robinhood CEO, updates share moves) Popular Searches * Global equities rally as more U.S. stimulus looms, silver slumps * Robinhood app downloads soar despite trading restrictions * Retail traders urge each other to keep the faith By Sagarika Jaisinghani, Thyagaraju Adinarayan and Lewis Krauskopf Feb 2 (Reuters) - GameStop Corp shares more than halved in value...

* UK Royal Mint sees demand jump * India, China buying muted (Updates with comments from UK Royal Mint, SD Bullion; updates price reference) Feb 2 (Reuters) - A retail investment frenzy in silver over the past couple of days driven by social media has left dealers in some regions scrambling for bars and coins to meet demand. Silver prices fell on Tuesday as a buying spree by smaller investors seen mainly in silver mining shares and exchange-traded funds fizzled out following a margin hike on fu...

6 Min Read (Reuters) - GameStop Corp shares more than halved in value on Tuesday and silver prices retreated as the Reddit-driven trading frenzy that roiled stock and commodity markets appeared to fizzle, at least for now. The videogame retailer’s shares, whose wild gyrations have made or lost billions of dollars for hedge funds and other investors in recent weeks, closed down 60% at $90. They are now worth less than a fifth of their high of $483 last week. Posters on the popular Reddit forum...