DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Paul Wong - 3 Alexander Manzyuk Gold - 1 Julia Khandoshko - 1 Nornickel - 1 Daniel Hynes - 1 Silver - 1 Wong - 1 Australia's - 1
Top related locs:
U.S Siberian Krasnoyarsk Russia Gaza . U.S Doha Gaza Asia
Top related orgs:
Sprott Asset Management - 3 U.S . - 2 REUTERS - 1 Bloomberg News - 1 ANZ - 1 U.S - 1 Congressional - 1 CNBC - 1

Search resuls for: "Paul Wong"


3 mentions found


☆ Gold eyes weekly gains as geopolitical uncertainty boosts appeal
  + stars: | 2024-10-25 | by ( ) www.cnbc.com   time to read: +2 min
Spot gold slipped 0.2% at $2,730.09 per ounce, as of 01:55 GMT. U.S. gold futures fell 0.2% to $2,742.80. "In the next three months, gold may reach $2,800, and from the annual perspective, it can surpass the psychologically important $3,000 barrier." The U.S. asked the Group of Seven allies to consider sanctions on Russian palladium and titanium, Bloomberg News reported. It benefits from its dual role of monetary value and as an industrial metal with growth driven by the breakneck growth of photovoltaics," said Paul Wong, market strategist at Sprott Asset Management.
Persons: Alexander Manzyuk Gold, Julia Khandoshko, Nornickel, Daniel Hynes, Silver, Paul Wong Organizations: REUTERS, Bloomberg News, ANZ, Sprott Asset Management Locations: Siberian, Krasnoyarsk, Russia, Gaza . U.S, Doha, Gaza, U.S
☆ 'New bullish phase'? As gold hits another high, analysts say more records are in sight
  + stars: | 2024-10-22 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com   time to read: +1 min
Close up stack of gold bars, financial wealth concepts and businessGold is in a "new bullish phase" after prices notched another record high, said asset management firm Sprott Asset Management, echoing other analysts who have predicted that the bullion will continue to scale new heights. Spot gold is currently trading at $2,729.14 per ounce, while gold futures are at $2,741.20. "Rising U.S. debt-to-GDP ratios have historically led to higher gold prices due to concerns over the sustainability of debt, currency devaluation and debt monetization," Wong continued. As debt increases, governments might resort to printing money to address deficits, which can devalue the currency, Wong explained. This erosion of trust in fiat currency enhances gold's appeal as a reliable store of value.
Persons: Paul Wong, Wong Organizations: Sprott Asset Management, U.S ., U.S, Congressional
☆ CNBC Daily Open: High interest rate worries pressure stocks
  + stars: | 2024-10-22 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
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. Shares of Hyundai Motor India fallHyundai Motor India shares retreated more than 5% on Tuesday – their trading debut – according to BSE data. Hyundai Motor India is a wholly owned Indian subsidiary of South Korean automaker Hyundai. New bullish phase for goldGold prices hit a record high of $2,700 per ounce on Monday, and are continuing their ascent Tuesday.
Persons: Australia's, Paul Wong Organizations: CNBC, Nasdaq, Dow Jones, Treasury, Hyundai Motor India, Hyundai, South, Reuters, Sprott Asset Management, Citi, U.S ., Scotiabank, Canadian Locations: Asia, Pacific, India, Reuters ., China, U.S
0 next >>
Total: 3