How silver market has morphed into meme trading

A vendor shows various models and weights of silver bullion at a gold jewellery manufacturer in “El Sagha”, as gold prices recorded an increase after a devaluation of the local currency, at the gold market area in Cairo, Egypt January 14, 2024. Amr Abdallah Dalsh | Reuters Silver’s rapid surge and equally dramatic reversal in…

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Nifty 50, Kospi, Nikkei 225, India trade deal

Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets rose Tuesday after U.S. President Donald Trump said Washington and India had struck a trade deal and would immediately begin cutting tariffs on each other’s goods. Trump added that Indian Prime Minister Narendra Modi had agreed to step up purchases…

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Strategy slides after bitcoin briefly dips below crypto firm’s key breakeven level

Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged roughly 7% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token.   Bitcoin traded at about $74,500 at its bottom on Monday – its…

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Sotxx 600, FTSE, DAX, CAC, silver, gold, bitcoin

LONDON — European stocks are expected to open in negative territory as concerns over artificial intelligence and volatility in precious metals haunt global markets. The U.K.’s FTSE index is seen opening 0.5% lower, Germany’s DAX down almost 1%, France’s CAC 40 down 0.8% and Italy’s FTSE MIB also down by a similar amount, according to data…

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Hang Seng Index, CSI 300, gold, silver

A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images Asia-Pacific…

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