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The Pentagon said it would "rush" Patriot air defense missiles to Ukraine. US Defense Secretary Lloyd Austin said that Patriot missiles would not be a "silver bullet." AdvertisementThe US will "rush" Patriot air defense missiles to Ukraine as part of a military aid package, Defense Secretary Lloyd Austin has said. He said earlier this month that Ukraine needed "seven more Patriots or similar air defense systems" to defend its cities from Russian strikes. "'Patriots' can only be called air defense systems if they work and save lives rather than standing immobile somewhere in storage bases," Zelenskyy added on X.
Persons: Lloyd Austin, , Austin, Mykola Oleshchuk, German Galushchenko, El, Volodymyr Zelenskyy, Zelenskyy Organizations: Pentagon, US, Patriot, Service, Defense, Ukrainian Energy, German, Facebook, Frankivsk, Patriots, for, El Pais, EU, NATO Locations: Ukraine, Russia, Dnipropetrovsk, Ivano, Lviv, Russian, Spanish, Spain
There was a risk, he said, that US-China relations could "return to a downward spiral." As such, the US-China relationship appears to have entered a dangerous period, and time may be running out to save it. The US has handed Ukraine billions in aid and military support to resist the invasion, with a new $61 billion bill passing this week. AdvertisementBlinken said he raised concerns about China's support for Russia in its invasion of Ukraine. Blinken will have to overcome several hurdles for US-China relations to improve.
Persons: , Antony Blinken's, Xi Jinping, Wang Yi, Xi, Joe Biden, Ali Wyne, Wang, Blinken, Ian Bremmer Organizations: Service, Business, US, West, International Crisis, Russia, Eurasia Group, Bloomberg Locations: China, Ukraine, loggerheads, Taiwan, Washington, Beijing, US, Western Europe, Russia
(CNN) — At the premiere of his new film “Poolman” in Los Angeles on Wednesday night, Chris Pine stepped onto the red carpet in an artfully-disheveled ensemble. Over a light beige slogan tee, Pine wore a “Miami Vice”-worthy blazer accessorized with a large pink peony boutonnière. For the Vanity Fair Oscar's after party on March 27, 2022, Chris Pine wore a rich red velvet smoking jacket over a shirt with a pussybow-style neckline. Rich Fury/VF22/Getty ImagesPictured here in slouchy red, white and blue suiting, Pine attends the Venice International Film Festival on September 05, 2022. Sala Gedu/BackgridOn the “Poolman” red carpet, the 43-year-old actor told E!
Persons: Chris Pine, he’s, Rich Fury, Pine, Franco Origlia, Jon Kopaloff, Anthony Ghnassia, Sala Gedu, Tom Selleck, Harrison Ford, Organizations: CNN, , Miami, Venice Locations: Los Angeles, Hollywood, Beverly Hills , California, Paris, comfy, Instagram, Los Feliz , California
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold was little changed on Friday ahead of a key U.S. inflation report, but prices were on track for their first weekly drop in six weeks on easing concerns of a major escalation of the Middle East crisis. Focus now turns to March's core Personal Consumption Expenditures, or PCE, index data due later on Friday — the Fed's preferred measure of inflation — for further clues on the U.S. rate outlook. The dollar index was headed for its biggest weekly dip since early March, making the greenback-priced bullion less expensive for other currency holders. Spot silver rose 0.2% to $27.49 per ounce, spot platinum rose 0.8% to $921.45 and palladium gained 1.4% to $988.22.
Persons: Gold, Yeap Jun Rong, Jun Rong Organizations: Co, Federal Locations: Bangkok, Thailand, U.S
CNN —Ryōyū Kobayashi might have bettered the world ski jump record by nearly 40 meters on Wednesday, but the International Ski and Snowboard Federation (FIS) says it won’t recognize the Japanese jumper’s landmark effort as it didn’t meet the governing body’s competition conditions. Kobayashi flew through the air for around 10 seconds before delivering a smooth landing on Wednesday, video shows. “A ski flying competition must be based on a FIS-certified distance measuring system and take place on a ski flying hill homologated by FIS in order to stand up to comparison with other flights and be eligible for an official ski flying record,’ added the FIS. Austrian Stefan Kraft holds the FIS record for the longest competitive ski jump for a male after landing a 253.5m (831 ft 8.31 in) jump in Vikersund, Norway, in 2017. Even if I’m worried, I’ve no choice.”Kobayashi, aiming to jump some 984 ft (300 meters) still has his sights set on that landmark.
Persons: Ryōyū Kobayashi, Red Bull, Kobayashi, Bull, Kobayashi’s, , , Austrian Stefan Kraft, , I’m, I’ve, ” Kobayashi Organizations: CNN, Snowboard Federation, FIS, , Red Locations: Akureyri, Iceland, Austrian, Vikersund, Norway
Maurizio Cattelan’s Got a Gun Show
  + stars: | 2024-04-25 | by ( Laura Rysman | ) www.nytimes.com   time to read: +1 min
“You should never ask an artist about their art,” Maurizio Cattelan said, immediately on arrival. “The best art raises lots and lots of questions,” he added. “Not answers.”One of today’s foremost artists, with a reputation that pervades well beyond the art world, Cattelan, 63, has a new bullet-riddled exhibition in New York that is bound to raise even more questions — and some eyebrows. He grants vanishingly few in-person interviews, he prefers image-making to explaining his images in words, and he’s skittish about journalists mischaracterizing him. Yet he arrived early for our appointed meeting, parking his bicycle by the bench where, on the first hot spring day in Milan, we sat in the shade of a monastery.
Persons: ” Maurizio Cattelan, , , mischaracterizing Organizations: New, Guggenheim Locations: New York, Milan
Experts say tattoos can impact hiring decisions, especially in customer-facing roles. Putnam, from California, said she went into the store to ask why she hadn't gotten the job, and the hiring manager told her she didn't have enough experience. The hiring manager also denied that her tattoos played any role in the rejection. AdvertisementAnother commenter, who said they used to be a hiring manager for the store, said: "I will tell you it's the facial piercings and tattoos." Ivy Johnson, for example, who also has many tattoos, said she had worked in corporate America as a hiring manager before starting up her apothecary business.
Persons: , Ash Putnam, Maxx, Putnam, hadn't, Putnam wasn't, TikTok, Putnam's, Ivy Johnson, Johnson, Adam Collins, isn't, Michelle Enjoli, Enjoli, Justina Raskauskiene, Rachel Pelta, Pelta Organizations: T.J, Maxx, Service, Business, Pew Research, University of Miami, Daily Locations: California, America
The Meta-morphosis of Mark Zuckerberg
  + stars: | 2024-04-24 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: 1 min
In the run-up to Meta’s first-quarter earnings report this week, a video image of Mark Zuckerberg suddenly started going viral. Not because of the artificial intelligence assistant he was touting or because of the expected ad revenue growth, but because of the silver chain he was wearing around his neck. “Mark Zuckerberg made an announcement about something Meta is doing with A.I., but I could not listen to or retain a second of it because when I look at the Reel of him talking, all I see is necklace,” Amy Odell wrote in her Substack, Back Row.
Persons: Mark Zuckerberg, “ Mark Zuckerberg, Meta, Amy Odell
Not only would that deal another huge blow to China’s tech ambitions, it would further deepen the divide between two digital worlds centered around the rival economic superpowers. Congress on Tuesday approved legislation that could compel ByteDance to sell TikTok or face a national ban. That leaves few options for ByteDance to secure the future of TikTok in the US, its biggest market with 170 million users. “This includes everything from who owns and operates data centers, to space-based internet satellites, to undersea cables and, of course semiconductors.”In that sense, the TikTok ban has its silver lining for Beijing. Growing challenges for Chinese appsThe TikTok legislation was included in a wide-ranging foreign aid package meant to support Israel, Ukraine and Taiwan.
Persons: Hong Kong CNN —, ByteDance, Joe Biden, TikTok, , , Alex Capri, Richard Windsor, Capri, Biden, Paul Triolo, ” Triolo, Wang Wenbin, CNN’s Marc Stewart, Triolo doesn’t, — CNN’s Wayne Chang, Marc Stewart Organizations: Hong Kong CNN, Foundation, National University of Singapore’s Business, YouTube, Google, Radio Free Mobile, TikTok, Technology, Albright, Commerce Department, Commerce, China’s, Foreign Ministry, Facebook, Apple Locations: China, Hong Kong, America, Beijing, Capri, , Asia, Israel, Ukraine, Taiwan, Silicon Valley, American, Bytedance, “ Beijing
DeSanto accessorized the dress with colorful Swarovski crystal jewelry by Tarina Tarantino, including a blue butterfly statement necklace. Columbia Pictures/Everett CollectionDecades later, the dress has become a beloved artifact for nostalgic rom-com fans and modern fashion enthusiasts alike. “(Garner) put it on, we got her all dolled up, she went to dance, and we moved on,” she said. DeSanto also credits director Gary Winick, who died in 2011, for the film’s fashion sense. As DeSanto points out, “13 Going on 30” is a story about a young woman coming into herself — and how, more than anything, it’s important just to be yourself.
Persons: , Jenna Rink, Gilson nightgown, baguette, Susie DeSanto, Jennifer Garner, Miu Miu, Prada, Ralph Lauren, Roberto Cavalli, Versace, ” DeSanto, “ I’d, Giovanni Giannoni, Jenna, partygoers, Michael Jackson’s, — Versace, DeSanto, Tarina Tarantino, Tarantino, Marc Jacobs’s, — she’s, , “ It’s, Betsey Johnson tutus, Christa B, Allen, Ariana Grande, wasn’t, weren’t, , Garner, Stella McCartney, Alberta Ferretti, Mark Ruffalo, Jen, we’re, I’ve, Gary Winick, Gary, ” Winick, Mark Ruffalo’s Organizations: CNN, Fairchild, Penske Media, Columbia Pictures, Everett Locations: Manhattan, lockstep, Barney’s, Italy, Etsy, Alberta, , New York
Read previewWhenever Costco releases a batch of gold bars for sale, the supply sells out "within a few hours" as shoppers snap up the precious metal for a small markup over its spot price. The out-of-stock notices give the allure of a hard-to-get item, but the wholesale club is still moving a lot of gold bars and silver coins — to the estimated tune of $200 million a month. This story is available exclusively to Business Insider subscribers. Unlike cash or even gift cards, Costco classifies gold bars as collectibles, which may or may not retain their value over time. AdvertisementFor that matter, the Internal Revenue Service also considers gold bars as a collectible too, and demands as much as a 28% cut of any profits on gold held for more than one year.
Persons: , Lark Mason, Adam Xi, it's Organizations: Service, Costco, Business, Street Journal, Internal Revenue Service Locations: New York
Gold prices slip to 2-1/2-week low as Middle East tensions ease
  + stars: | 2024-04-23 | by ( ) www.cnbc.com   time to read: +2 min
Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on Jan. 9, 2009. Spot gold was down nearly 1% at $2,304.99 per ounce, as of 0336 GMT. U.S. gold futures fell 1.2% to $2,318.80. "Investors are seeing this as an opportunity to lock in some profits after gold's recent run of good form," Waterer said. Among other precious metals, spot silver fell about 1% to $26.92 per ounce, spot platinum dropped 0.7% to $911.10, and palladium slumped 1.1% to $997.75.
Persons: Tim Waterer, Waterer, Gold Organizations: South Korea's, Nikko, KCM Locations: Seoul, Iran
I moved to Alaska from Oregon to find work opportunities in the mining industry about 20 years ago. In Alaska, rotational work cycles can last up to six weeks with no break. During that time, I made just over $1,800 a week working nearly 82 hours a week. AdvertisementMy work opportunities are now limitedI plan to go back to rotational work after a year or two to enjoy life a little more. Then, I want to return to rotational work to have more time to enjoy life.
Persons: Justin Peterson, , I've, I'm, Justin Peterson I've Organizations: Service, Mining Locations: Alaska, Oregon, There's, Australia, Anchorage, Fairbanks, North, Wasilla , Alaska, Colorado
Read previewOne of my favorite hidden-gem theme parks is Silver Dollar City, nestled in the Ozark Mountains in Branson, Missouri. Both are owned by Herschend Family Entertainment, though Silver Dollar City opened first in 1960. I've visited theme parks all over the world and this now ranks as one of my favorites. There are also unique attractions at Silver Dollar City that I haven't experienced anywhere else — Grandfather's Mansion was one of my favorites. The food is fantastic and uniqueCarly CaramannaI'm a big foodie — especially at theme parks — and I was happy this park's eats lived up to the hype.
Persons: , It's, I've, Carly Caramanna, I'd, Carly Caramanna It's, Carly Caramanna Grandfather's, that's, Carly Caramanna I'm, Delilah's, Dickens, Carol, An, Ward, She's, Dolly Parton's Organizations: Service, Dollar, Herschend Family Entertainment, Dollar City, Disney, Business, Silver Dollar, Marvel Locations: Ozark, Branson , Missouri, touristy, Branson there's
Gold retreats as Middle East tensions ebb
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: +2 min
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Gold prices dipped on Monday, as easing fears of a wider Middle East conflict lowered bullion's safe-haven appeal, while market participants awaited a key U.S. inflation reading due later this week for interest rate cues. Spot gold fell 0.9% to $2,369.97 per ounce, as of 0451 GMT. Asian stocks recovered some losses and bond yields rose as fears of a wider Middle East conflict ebbed, with investors gravitating back towards riskier assets. Among other precious metals, spot silver fell 2.3% to $27.99 per ounce, spot platinum rose 0.3% to $934.03, and palladium fell 0.3% to $1,023.17.
Persons: Kelvin Wong, Wong, Austan Goolsbee Organizations: Aurum, Asia Pacific, Treasury, Chicago Federal Locations: Munich, U.S, Tehran, Iran, OANDA, Israel, Hamas
AdvertisementThe majority of so-called "peak boomers" have $250,000 or less in assets , according to a recent report, write Juliana Kaplan and Ayelet Sheffey. If you're a bit surprised by the dire economic situation of peak boomers, I wouldn't blame you. Older boomers had the benefit of employer-subsidized retirement plans before a shift in the workforce left younger boomers to fend for themselves. Alistair Berg/Getty ImagesPeak boomers' retirement struggles might end up being a wake-up call for younger generations. There will be plenty of lessons learned from peak boomers entering retirement without the safety net of a pension.
Persons: , blowup Jacob Wackerhausen, Jenny Chang, Rodriguez, Juliana Kaplan, Ayelet Sheffey, that's, we've, boomers, Alistair Berg, Xers, Gen Zers, Bryan Erickson, Jane Street, Chowdhury, Elon Musk, they'd, Tesla, Tony Stubblebine, Nick Little, Dani Widell, BI's Emily Stewart, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Social Security, Security, Google, Wall Street, JPMorgan, Detroit Police Department, Tesla, BI, Verizon Locations: Covid, China, Europe, Airbnb ., America, New York, London, Chicago
The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023. Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is leaving the company, according to an internal memo. LaBerge is leaving for personal reasons related to his family and will stay on at Disney until June, the memo said. At ESPN, LaBerge has been a central figure behind the company's streaming services, including ESPN+, the upcoming sports streaming application co-owned by Disney, Warner Bros. They include former CEO Bob Chapek, former head of streaming Kevin Mayer, ex-finance chief Christine McCarthy, former Walt Disney Studios Chairman Alan Horn, former Disney general counsel Alan Braverman, ex-head of communications Zenia Mucha, and former president of Walt Disney Pictures, Sean Bailey.
Persons: Aaron LaBerge, LaBerge, He'll, He's, Bob Chapek, Kevin Mayer, Christine McCarthy, Alan Horn, Alan Braverman, Zenia Mucha, Sean Bailey, Aaron, Jimmy Pitaro, Dana Walden, Alan Bergman, Chris Lawson, Paul Allen Organizations: Walt Disney, New York Stock Exchange, Disney Entertainment, ESPN, PENN Entertainment, ESPN Bet, Disney, Hulu, Warner Bros . Discovery, Fox, Walt Disney Studios, Walt Disney Pictures, ESPN BET, Company, Starwave
Bill Bradley, the basketball Hall of Famer and former United States senator known as a staunch opponent of legalized sports betting, was speaking about the topic back in January. But he might as well have been predicting the future. “Well there hasn’t been a scandal, yet,” he said, discussing how professional sports has become ever more entwined with the gambling industry in recent years. The league said Mr. Porter wagered money on his own team to lose, pretended to be hurt for betting purposes and shared confidential information with gamblers. competition for our fans, our teams and everyone associated with our sport,” Adam Silver, the league’s commissioner, said in announcing Porter’s punishment.
Persons: Bill Bradley, , Jontay Porter, Porter wagered, Adam Silver Organizations: of Famer, United, National Basketball Association, Toronto Raptors Locations: United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I did my first modeling shoot at 63. I thought I'd give modeling a tryI was on my computer a couple of months later, and a pop-up appeared. Rachael told me I looked sharp. Hurd told Business Insider that he never gets nervous ahead of a modeling shoot.
Persons: , Anthony Hurd, Music, I've, Hurd, Rachael, David Gandy, It's, I'm Organizations: Service, UK, Business, Comic Relief, Nike, Reebok, Coca, BMW, Kentucky, Visa Locations: London, Paris, Sweden
The revelation that 23 Chinese swimmers tested positive for a banned drug seven months before the Tokyo Olympics but were secretly cleared and allowed to continue competing has exposed a bitter and at times deeply personal rift inside the sport, and brought new criticism of the global authority that oversees drug-testing. An American Olympian who took home a silver medal from Tokyo said she felt her team had been “cheated” in a race won by China. A British gold medalist called for a lifetime ban for the swimmers involved. The sports minister in Germany, where a documentary on the case was broadcast Sunday, demanded an investigation. And a simmering feud between officials at the World Anti-Doping Agency, the global regulator known as WADA, and their U.S. counterparts burst into the open in a flurry of caustic statements and legal threats.
Persons: , , WADA Organizations: New York Times, Tokyo Games, China, Doping Agency Locations: Tokyo, China, American, British, Germany
Whenever a suspicion of doping arises in an Olympics, attention can shift quickly from the athletes who won gold, silver and bronze medals to the ones who missed out. On Saturday, The New York Times published an investigation into an unreported case in which 23 top Chinese swimmers tested positive for a powerful banned drug in 2021, only months before the Tokyo Olympics. The swimmers — who made up about half of the Chinese swimming team at those Games — were cleared by China’s antidoping authorities and the World Anti-Doping Agency and allowed to compete. The episode has not only alarmed experts in the antidoping community, but also raised other questions about athletes who tested positive, and what comes next: Which athletes? For now, the answer — both for the Chinese athletes and the dozens of swimmers who finished behind them, on and off the medals stand — is that nothing has changed.
Persons: , China’s Organizations: The New York Times, Tokyo Olympics, Games, Doping Agency Locations: Tokyo
A UK couple found a trove of 17th-century coins during a home renovation. The collection includes Elizabeth I silver shillings and Charles I gold coins. Robert and Betty Fooks were renovating their farmhouse in southern England when they found a valuable collection of 17th-century coins concealed beneath their kitchen. The collection, which includes Elizabeth I silver shillings, Charles I gold unite coins, James I silver sixpence coins, and more, has an estimated value of £35,000, or $43,600. A hoard of 264 coins English gold coins from 1610-1727 was unearthed by an unnamed couple digging up their kitchen floor.
Persons: Elizabeth, Charles I, , Robert, Betty Fooks, they've, Dukes Auctioneers, James, Duke's Auctioneers, Judith, Holofernes, Caravaggio, Charles Platiau Organizations: Service, Guardian, British Museum, REUTERS Locations: England, West Dorset, people's, underfloors, Paris, France, Toulouse, Baltic, Italian, Italy
Supporters of India's opposition party, Indian National Congress, during an election rally in Puducherry on April 15, 2024 R. Satish Babu/AFP/Getty ImagesDemocracy under threat? Dipam Bhachech/Hulton Archive/Getty Images Modi worked his way through the ranks of the BJP, establishing himself as a respected politician. Tobias Schwarz/AFP/Getty Images Modi hugs French President Emmanuel Macron after a ceremony at the Arc de Triomphe in Paris, on June 3, 2017. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023. Pedro Ugarte/AFP/Getty Images Modi offers a toast during a State Dinner with President Joe Biden at the White House in Washington, on June 22, 2023.
Persons: , Narendra Modi, Mallikarjun Kharge, Indira Gandhi, Gandhi, ” Hazari Lal Rajput, Satish Babu, Modi, Modi’s, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Arati Jerath, , it’s, Rahul Gandhi, Rajiv Gandhi, Indira, India’s, Jawaharlal Nehru, gunning, ” Modi, shouldn’t, Mohammad Irfan, , Arvind Kejriwal, Altaf Qadri, Kejriwal, Atishi, you’re, Jerath, Gandhi ‘, ’ Modi, Christophe Jaffrelot, CNN Modi, Rasheed Kidwai, Rahul, Diptendu Dutta, Mamata Banerjee, Muthuvel Karunanidhi Stalin, ” Kidwai, ” Jerath Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, Getty, Democracy, Modi’s BJP, Pew, New York Times, Rashtriya Swayamsevak Sangh, Modi, Hospital, Narendra, India Today, AP, India's, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Developmental Inclusive Alliance, Indian, Aadmi Party, Delhi, AAP, Aam Aadmi Party, All, Trinamool, West, All India, Congress, , “ Democracy Locations: India, Uttar Pradesh, Ramlila, Puducherry, Modi’s, Sydney, Australia, Gujarat, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Abu Dhabi, United Arab, INDIA, Delhi, India’s, Lok Sabha, Atishi, , Manipur, Siliguri, West Bengal, Tamil
Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Gold prices rose on Friday as risk aversion swept across financial markets following media reports on explosions in Iran, prompting fears of a wider regional conflict and increasing bullion's safe-haven appeal. The news of Israel's attacks on Iran today "is driving gold price attention on the Middle East which has been the sole thing keeping the gold price moving higher for weeks now. "Gold is not a monetary policy trade at the moment, it's a geopolitics trade," Rodda said. Eventually, even if geopolitical risks subside, "Chinese gold reserve accumulation acts as the major catalyst.
Persons: Bullion, Kyle Rodda, Rodda, Ilya Spivak Organizations: Novosibirsk Refining Plant, Reserve Locations: Novosibirsk, Russia, Iran, Israel
An employee holds one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices climbed on Thursday, as risks of a widening Middle East conflict raised bullion's safe-haven appeal, overshadowing pressures from higher-for-longer U.S. interest rates. Spot gold was up 0.6% at $2,374.97 per ounce, as of 0429 GMT, after hitting an all-time high of $2,431.29 last Friday. Although, "U.S. interest rates remaining higher for a longer may be adding some pressure to the ongoing boost for gold ... Higher interest rates reduce the appeal of holding non-yielding bullion.
Persons: Kelvin Wong, Benjamin Netanyahu, Wong, Jerome Powell, Mario Centeno Organizations: Co, Asia Pacific Locations: Bangkok, Thailand, OANDA, Israel, Iran
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