Royal Mint to build ‘world first’ plant to turn UK’s electronic waste into gold

Jun 24, 2022

Pioneering new technology enables The Royal Mint to recover precious metals from discarded electronic devices such as mobile phones and laptops The first of its kind plant will provide a source of high-quality precious metals while offering a solution to significant and growing environmental challenges Forms part of The Royal Mint’s reinvention and helps secure a future as a leader in sustainably sourced precious metals The Royal Mint has announced plans to build a world first plant i ...read more

Explainer: Macron or Le Pen: why it matters for France, the EU and the West - Reuters.com

Jun 24, 2022

A combination picture shows portraits of the two candidates running for the second round in the 2022 French presidential election, Marine Le Pen, leader of French far-right National Rally (Rassemblement National) party, and French President Emmanuel Macron, candidate for his re-election. Pictures taken February 5, 2022 (L) and April 2, 2022. REUTERS/Sarah Meyssonnier Register now for FREE unlimited access to Reuters.com PARIS, April 10 (Reuters) - The French will decide on April 24 whethe ...read more

PRECIOUS-Gold retreats, palladium slides 9% on progress in Ukraine talks - Reuters.com

Jun 24, 2022

(Updates prices) * Palladium slips to more than two-month low * Gold to be anchored around $1,900/oz for now, analyst says * U.S. Treasury yields near highest since May 2019 March 29 (Reuters) - Gold prices fell more than 1% to a one-month low while palladium sank nearly 9% on Tuesday, as signs of progress in Russia-Ukraine peace talks dented demand for precious metals. Spot gold fell 0.4 % to $1,916.28 per ounce by 01:59 p.m. ET (1759 GMT). U.S. gold futures settled down 1.4% at $1,912.20. Sil ...read more

Project Syndicate: Russian gas and oil must be replaced by carbon-free fuels if we want peace on earth

Jun 24, 2022

AUCKLAND, New Zealand (Project Syndicate)— Russia’s invasion of Ukraine has shaken many long-held Western assumptions about the foundations of peace in Europe. Among other things, it has renewed policy makers’ focus on energy dependence as a key strategic issue. The United States recently announced an immediate ban on imports of Russian oil and gas, while the United Kingdom and the European Union pledged to curb them more gradually. The rationale is clear: punish Russia, reduce its l ...read more

CANADA STOCKS-TSX flat after jobs data cements case for bigger rate hike - Reuters.com

Jun 24, 2022

(Updates prices, adds analyst comments) April 8 (Reuters) - Canada’s main stock index was flat on Friday after data showing record-low rates of unemployment in March cemented the case for a bigger interest rate hike by the central bank next week. Statistics Canada’s report showed jobless rate fell to 5.3% last month while average hourly wages rose at a faster pace than the previous month, highlighting the tightening of the country’s labor market. The economy added a net 72,500 jobs, sligh ...read more

PRECIOUS-Gold falls on elevated U.S. yields, dollar; palladium sheds nearly 8% - Reuters.com

Jun 24, 2022

(Updates prices) * Dollar hits a three-week high * U.S. 10-year bond yields near multi-year highs * Russia-Ukraine peace talks due this week in Turkey * Palladium slips to two-month low March 28 (Reuters) - Gold retreated on Monday on pressure from higher U.S. Treasury yields and a firmer dollar, while easing supply concerns ahead of Russia-Ukraine peace talks sent autocatalyst palladium tumbling nearly 8%. Spot gold fell 1.2% to $1,933.12 per ounce by 02:08 p.m. ET (1808 GMT), while U.S. gold ...read more

The Russia-Ukraine conflict and insurance for state-sponsored cyberattacks - Reuters

Jun 24, 2022

March 25, 2022 - Now that Russia has invaded Ukraine and the United States and its allies have responded by imposing economic sanctions on Russia, cyberattacks against U.S. businesses may soon follow. In recognition of this threat, President Joe Biden, in a statement on March 21, 2022, cited “evolving intelligence” that “the Russian Government is exploring options for potential cyberattacks” and urged private sector businesses to “harden your cyber defenses immediately.” Statement b ...read more

PRECIOUS-Gold gains as Russia-Ukraine tensions intensify - Reuters.com

Jun 24, 2022

(Updates prices) * Fed rate hike expectations cap gold's gains * Prospects of further sanctions on Russia support bullion By Seher Dareen April 4 (Reuters) - Gold rose on Monday as investors sought the safe-haven asset amid prospects of Western countries imposing more sanctions on Russia over its invasion of Ukraine and likely higher inflation, though a stronger dollar and rising U.S. Treasury yields capped gains. Spot gold was up 0.4% at $1,932.78 per ounce by 2:32 p.m. EDT (1832 GMT). U.S. g ...read more

Inflation spirals to 8.5%, no surprise according to the Federal Reserve Bank of Cleveland - Kitco NEWS

Jun 24, 2022

Hawaii Six O - Gary Wagner Kitco Commentaries | Opinions, Ideas and Markets Talk Featuring views and opinions written by market professionals, not staff journalists. Today the BLS (Bureau of Labor Statistics) released its CPI inflation report for March 2022. The report showed that inflation had risen to 8.5% when compared to the inflation level in March 2021. When compared to month-over-month levels, inflation rose 0.6% as February's level of inflation came in at 7.9 ...read more

Australia's government prepares to call election - Reuters

Jun 24, 2022

Australia's Prime Minister Scott Morrison attends a meeting during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. REUTERS/Phil Noble/Pool Register now for FREE unlimited access to Reuters.com SYDNEY, April 8 (Reuters) - Australia is expected to trigger a national election in the coming days, with Prime Minister Scott Morrison seeking to clear thorny political issues as his three-year term nears its end. "It won't be very long from now," Morrison ...read more