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Tag "gold supply"

Canada’s CIBC lost $64 million in a day on paper in gold market turmoil

Canada’s CIBC lost $64 million in a day on paper in gold market turmoil 0

🕔10:36, 30.May 2020

LONDON (Reuters) – Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 million) in one day in March due mainly to volatility in the gold market, the bank said in its second-quarter earnings report

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Decoded: How gold may benefit from coronavirus crisis

Decoded: How gold may benefit from coronavirus crisis 0 Updated

🕔15:30, 29.Apr 2020

Driven by investors’ clamour for insurance against economic turmoil and the potential devaluation of assets and currencies, some predict a bull run reminiscent of gold’s price rally to record highs just shy of $2,000 in 2011. Gold loves a crisis,

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Gold may zoom to Rs 82,000 per 10 gm by end 2021: Analysts

Gold may zoom to Rs 82,000 per 10 gm by end 2021: Analysts 0

🕔13:18, 24.Apr 2020

As stocks and bonds as investment avenues do not show much hope under current market conditions, gold could be the asset to put your money in. If analysts at Bank of America Securities (BofA Sec) are to be believed, gold prices

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Gold will have a good run in next few years: PR Somasundaram

Gold will have a good run in next few years: PR Somasundaram 0 Updated

🕔18:29, 1.Apr 2020

With the exception of the rally that we witnessed last week, gold has been fairly slow in reacting to the kind of easy money that is coming in. What do you think is the reason for this? I would not

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Global gold demand grows 3% in Q3: WGC

Global gold demand grows 3% in Q3: WGC 0

🕔12:49, 6.Nov 2019

Global gold demand grew modestly to 1,107.9 tonnes in the third quarter of 2019, a rise of 3 per cent on the same period last year, according to the World Gold Council’s latest gold demand trends. A surge in exchange-traded

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Highest Central Bank Buying in 50 Years Drives 4% Growth in Gold Demand in 2018

Highest Central Bank Buying in 50 Years Drives 4% Growth in Gold Demand in 2018 0 Updated

🕔05:59, 31.Jan 2019

Global gold demand reached 4,345.1 tonnes (t) in 2018, up 4% as compared to 2017 and in line with five-year average demand of 4,347.5t, according to the World Gold Council’s latest Gold Demand Trends report. The annual increase was driven

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