News That Matters

Tag: silver

How gold, silver performed during the week ending December 30, 2020

How gold, silver performed during the week ending December 30, 2020

Finance
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs) Weak US dollar has helped gold to recover the losses and end the week on a flat note near the Rs 50,000 per 10-gram mark. Silver (Rs) The short term outperformance of silver continues on industrial demand and it ended the week with a gain of 2%. Platinum ($ /troy ounce) Industrial demand has helped platinum to gain 4.26% during the past week. The metal has hit a new 52 week high now. WTI Crude ($ /barrel) Crude oil prices remained flat because the fear of production increase by Opec+ in January neutra
How gold, silver performed during the week ending October 15, 2020

How gold, silver performed during the week ending October 15, 2020

Finance
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. 1. Gold (995) (Rs) Gold gave up early gains and ended flat because the chance of inflation spiralling in the US was dampened by a second wave of coronavirus in Europe. 2. Silver (Rs) Silver moved along with gold and ended the week at previous week's levels. 3. WTI Crude ($ /barrel) Increased Chinese crude oil buying was neutralised by weak demand from European countries and crude also ended the week flat. 4. Wine (Rs) You can also make money by investing in wine and the Liv-ex Fine Wine 50 Index from Bloomberg. It
Airport coronavirus tests ‘not silver bullet’ for saving holidays

Airport coronavirus tests ‘not silver bullet’ for saving holidays

Business
Media playback is unsupported on your device The culture secretary has told the BBC that coronavirus testing at airports is not a "silver bullet" to stop the need for quarantine. Oliver Dowden said testing the measure was not enough because the virus can develop over time.The boss of Heathrow said airports should be allowed to test for coronavirus to avoid the "cliff edge" of quarantine. The travel industry is seeking ways to rescue the holiday season.The government's sudden change to travel advice for Spain at the weekend prompted a fresh wave of confusion and uncertainty to people's holiday plans.Coronavirus: Why isn't the UK testing travellers on arrival?Heathrow chief executive John Holland-Kaye told the BBC the changes to guidance over Sp...
US military jet had encounter with ‘silver UFO the size of suitcase’

US military jet had encounter with ‘silver UFO the size of suitcase’

Technology
New details have been released about encounters between US navy aircraft and "unidentified aerial phenomena" after the Pentagon declassified three videos last month."Hazard reports" from the Navy Safety Center, first published by the website Drive, reveal an incident where a pilot encountered an "unknown aircraft" which was "approximately the size of a suitcase, and silver in colour". During the encounter in March 2014, a navy jet "passed within 1,000 feet" of the object but could not work out the identity of the aircraft.The pilot "attempted to regain visual contact with the aircraft, but was unable", the report said.The documents follow the release of three short videos recorded by navy pilots in November 2004 and January 2015. ...