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Top News In லுமினா நிறுவன மென்பொருள் Today - Breaking & Trending Today

Mined gold supply still not keeping up with demand


Mined gold supply still not keeping up with demand
(Shutterstock Image)
2020 was a mixed bag for gold producers. On the one hand covid-19 forced many to temporarily halt operations, due to government-imposed lockdowns.
Yet last year also saw gold hit a record $2,034 per ounce, due mainly to pandemic-related demand shocks, including a sharp drop in the US dollar; the flight from equities to bonds, which drove yields to record lows, thus supporting investments in gold; and monetary easing across the major central banks, comprising a resumption of quantitative easing (mainly bond buying) designed to drive down interest rates and spur borrowing; and interest rate cuts to near 0%, also carried out to incent businesses and individuals to take out loans, and therefore protect national economies from falling into recession during the once in a century global health crisis. ....

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IN CASE YOU MISSED IT: 5 key stories from April 8


IN CASE YOU MISSED IT: 5 key stories from April 8
Here are five Fastmarkets stories you might have missed on Thursday April 8 that are worth another look.
The European Union s second-quarter quota for steel imports opened just one week ago, and some long steel suppliers have already used a large portion of their allocations, with sources expecting long steel volumes to be absorbed very quickly,.
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