February 10, 2021
As Bitcoin rises and the U.S. dollar starts to show signs of weakness, gold is hanging back, watching it all unfold. If State Street analysis can hold up, $2,300 gold prices aren’t out of the question, which will boost the
“In a recent interview with Kitco News, George Milling-Stanley, chief gold strategist at State Street Global Advisors, said that he is not disappointed with gold’s recent price action as the precious metal saw its first negative start to the year since 2013,” a Kitco News report said. “He added that gold’s consolidation pattern is helping to remove some of the froth from the marketplace after gold prices pushed to record highs above $2,000 an ounce. He explained that last year gold prices rallied more than $500 an ounce to the new record, and it’s going to take some time for the market to adjust to a new price paradigm.”
ABC Everyday
Investing can seem confusing, but starting small can ease you into it.
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Looking to invest your savings?
It can seem like a scary prospect, but it s never too late to learn the basics.
Here s how you can take the first few steps.
Before you throw money around
Finance educator Kate Campbell suggests having three to six months of your essential living costs put aside before investing. (However, she says if you re young and healthy without any dependants, you may be OK with having a little less than that.)
And you ll want to first pay off any major debts, put aside money for emergencies and make sure you re up to date with your mortgage (if you have one).
February 8, 2021
Gold futures and ETFs are popping on Monday, after investors are swooping in to buy at perceived bargains following significant losses last week.
Gold futures and ETFs have been trending down since the beginning of the year, and the lustrous metal most recently dipped below the $1800 level to reach $1784.60, before recovering above that level on Friday. The move lower could present an opportunity for gold bulls, who have driven prices over 1.13% higher on Monday to reach $1840.60 an ounce on optimism that a bottom may be in place for the metal.
Yet, while the move has boosted gold ETFs like the
Zhane Mayumbelo
My Zone took a trip to Suiderlig Secondary School to see how they are coping with being back at school during a pandemic.
Amber Apols
It feels very good to be back at school. Not only did I get to know so many new people but I am also really looking forward to sharpening my mind so that I am able to the best, academically this year. I am going to make sure that I stick to the Covid-19 regulations throughout the whole year.
Zhane Mayumbelo
I think it’s safe to say that everyone feels much better now that we can all be back at school with our friends because staying home was starting to become very boring. I am excited to be able to redeem myself with my academic performance this year. Covid-19 is still very real and we should pay attention.
What you need to be wary of before opening your demat account
There are various investment tools that can help in starting the financial journey. That said, you should have a fair knowledge about the financial markets before investing. February 04, 2021 / 11:21 AM IST
Financial planning is one of the top priorities on everyone’s to-do list. We want to create sufficient wealth for our short-term goals such as travelling, buying a car, and long-term goals that include buying a house, higher education, and post-retirement life. To build a corpus for these milestones, we put ourselves under a tight budget and automate our monthly salaries into a savings account.