In February, investors shifted their preference from Bitcoin ETFs to gold ETFs amid recent Market volatility. While Bitcoin experienced a significant drop of 17.4%, gold saw a resurgence, attracting $4.7 billion into commodities-focused funds, the highest influx since March 2022. Notably, SPDR Gold Shares led the charge, bringing in $3.4 billion, as investors recognized gold’s ...
Andrew Hecht, a seasoned Wall Street professional with 35 years of experience, specializes in commodities and precious metals. He leads The Hecht Commodity Report, a comprehensive service that tracks the Market movements of 20 different commodities. Subscribers benefit from informed insights, including bullish, bearish, and neutral Market calls, along with tailored trading recommendations. Andrew actively ...
 "India scrapped minimum export prices on key commodities, aiming to boost farmer incomes and curb inflation before crucial elections.")
The Indian government recently made significant changes to its export policies to stabilize farm prices and manage inflation ahead of upcoming state elections in Haryana, Jharkhand, Jammu & Kashmir, and Maharashtra. Notably, the minimum export price on onions was eliminated, dropping from $550 per tonne. Additionally, the export duty on onions was reduced from 40% ...
UBS, the global financial services company, has announced plans to implement another round of layoffs as part of its ongoing integration of Credit Suisse. This move is expected to result in the elimination of hundreds of jobs, primarily in the investment banking division. In this article, we will take a comprehensive look at the reasons ...
