Tag: metals

An environmentally friendly diamond is forever? Around $350 will buy you Pandora’s new lab-grown jewel

Pandora, the world’s biggest jeweler, which is best known for its silver charm bracelets, said that it will stop selling mined diamonds and switch to affordable, laboratory-grown gems as part of a broader focus on sustainability. “Diamonds are not only forever, but for everyone,” said Pandora Chief Executive Alexander Lacik in a statement on Tuesday […]

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Global Q1 gold demand down 23% year on year

Global gold demand in the first quarter dropped from a year ago on the back of a more than 70% year-on-year decline in gold investments, according to a report from the World Gold Council released Thursday. Total world gold demand for the quarter was at 815.7 metric tons, down 23% compared with the first quarter […]

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‘We’re still blazing the trail’: Joe Biden wants to create millions of infrastructure jobs — but will his plan help women rejoin the workforce?

In 1980 Lauren Sugerman was hired as an elevator constructor at Westinghouse Elevator Company primarily because she was a woman, she said.  Even though the company needed to hire more women to meet the requirements of a lucrative federal contract to build elevators for public housing projects, the men who interviewed her tried doing everything they […]

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Gold heads lower as the market awaits the Fed policy decision

Gold futures edged lower Wednesday as investors await the outcome of a Federal Reserve meeting that isn’t expected to result in policy changes, but will be combed for clues to the path of interest rates and asset purchases. Read: Fed to stay dovish this week as Powell channels his inner Gary Cooper calm Gold “remains contained […]

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Gold edges higher after snapping 3-week skid

Gold futures edged higher Monday, looking to build on last week’s rise as investors continue to monitor bond yields and the U.S. dollar. Gold for April delivery GCJ21, +0.38% was up $10.60, or 0.6%, at $1,730.40 an ounce on Comex. May silver futures SIK21, +1.27% were up 28.9 cents, or 1.1%, at $26.19 an ounce. […]

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Goldman Sachs says it’s the beginning of a structural bull market in commodities

It’s all looking one way for commodities, Goldman Sachs analysts say in a note to clients. Analysts led by Jeffrey Currie said there is the beginning of a new structural bull market, with every market but cocoa and zinc in structural deficit. “Lockdowns have driven a wedge between the consumption of services and goods, generating […]

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