Scram News

Tag

#silver

Commodities

Rosland Capital bankruptcy exposes stress in gold retail

Rosland Capital bankruptcy comes as gold and silver stay elevated, pointing to pressure in retail bullion even in a hot metals market.

By Reza Najjar
Crypto

Bitcoin slips to 13th-largest asset as AI, metals rally

Bitcoin slipped to the 13th-largest asset as ETF outflows, AI-semiconductor gains and firmer metals prices redirected capital away from crypto.

By Caleb Mwangi
Commodities

India raises gold import duty to 15% to support rupee

India's gold import duty jumped to 15% as New Delhi moved to curb bullion inflows, defend foreign-exchange reserves and steady the rupee.

By Reza Najjar
Commodities

Gold and silver stall below $4,800 and $80 as Iran MOU meets Fed pause

Spot gold closed Friday at $4,720.45 and silver at $80.38, weekly gains of 1.96 and 5.78 per cent driven by a White House memorandum to Iran. Both metals stalled at resistance after April payrolls printed 115,000, locking the Fed's pause in place.

By Reza Najjar
Commodities

Silver tops $80 as gold runs to $4,742 on US-Iran memorandum and softer payrolls bid

Spot silver pushed above $80 an ounce on Thursday and gold reached $4,742 in New York after fresh reporting of a US-Iran diplomatic memorandum sent crude lower and pulled the dollar back. The gold-silver ratio compressed from 62.5 to 61 in two sessions.

By Reza Najjar
Crypto

Coinbase opens 24/7 gold and silver perpetual futures with up to 25x leverage

Coinbase listed GOLD-PERP and SILVER-PERP perpetual futures on Tuesday, with up to 25x leverage on spot gold and 20x on silver, settled in USDC. The contracts are not yet available to US users; Coinbase says it is working with the CFTC on a 24/7 metals listing through Coinbase Derivatives Exchange.

By Caleb Mwangi