Canada and China, two flags waving against blue sky. 3d image Aleksandra Aleshchenko | Istock | Getty Images China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the recent tariffs that Canada imposed on Chinese electric vehicles and metal products. In August, Canada … Read more
A major exchange-traded fund and mutual fund manager finds the winning gold trade isn’t talked about as much as the artificial intelligence trade — but maybe it should be. VanEck CEO Jan van Eck thinks the best investment this year is “the hedge against political cycles.” To him, that means investing in gold. “It is quietly … Read more
Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the money market fund boom before year-end. “With that $6 trillion plus parked in money market funds, I do think that is really the biggest wild card for the remainder of the year,” Nate Geraci, president … Read more
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent … Read more
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during … Read more
A worker lifts a gold bullion bar from a conveyor machine at the Rand Refinery plant in Germiston, South Africa, on Aug. 16. 2017. Waldo Swiegers | Bloomberg | Getty Images DUBAI, United Arab Emirates — Each year, as much as $35 billion worth of gold produced by artisanal and small-scale mining in Africa — … Read more
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum. Sven Hoppe | Picture Alliance | Getty Images Gold prices have been rallying to record highs, with spot gold notching a new top of $2,449.89 per ounce on Monday. Silver too hit multi-year highs … Read more
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand … Read more
