Tag: money
NFT’s top 10 categories
By classifying the mainstream NFT, we observe that the scope of NFT extends far beyond traditional art/collectibles.More and more NFT projects have started to...
The ECB could hedge under the new facility
To avoid stoking inflation, the ECB may opt to neutralise bond purchases under its new crisis-fighting facility. Bond purchases by the ECB through any new...
What’s the difference between paper money and money?
1. the difference between (1) Different meanings: money is a commodity separated from commodities and fixed as a general equivalent;Paper money is a mandatory currency...
Us stocks and us bonds rebounded strongly after the Fed raised interest rates by a large margin
In June, the Federal Reserve's FOMC raised interest rates by 75 basis points, the largest increase in nearly three decades since 1994, to levels...
Trading in the Foreign Exchange Market
The market is open 24 hours a day, five days a week across major financial centers across the globe. This means that you can...
What Factors Affect the Price of Gold?
While gold is considered a low-risk commodity, its per-ounce price can fluctuate due to several key driving influences. Below, we outline the factors that...
GOLD PURITY CONVERSION CHART
NUMBER OF KARATS PARTS OF GOLD % OF GOLD PURITY FINENESS 8k 8/24 33.3 333 9k 9/24 37.5 375 10k 10/24 41.7 416/417 11k 11/24 45.8 458 12k 12/24 50.0 500 13k 13/24 54.1 541 14k 14/24 58.3 583/585 15k 15/24 62.5 625 16k 16/24 66.6 666 17k 17/24 70.8 708 18k 18/24 75.0 750 19k 19/24 79.1 791 20k 20/24 83.3 833 21k 21/24 87.5 875 22k 22/24 91.7 916/917 23k 23/24 95.8 958 24k 24/24 99.9 999 24K GOLD 24k gold is pure gold, meaning all 24 parts are pure gold without traces of any...
Why is gold valuable?
Much of gold's value comes from its scarcity. Research suggests that if you added up the world’s holdings of gold throughout all of history,...
Column: ECB rates pledge spurs punchy hedge fund euro bets: McGeever
ORLANDO, Fla., June 6 (Reuters) - The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge...
Stocks gain on improved sentiment, crude at $120
NEW YORK, June 6 (Reuters) - Global equity markets rose on Monday on signs of an easing of COVID-19 pandemic-related and other restrictions by...
Wall St ends down with strong jobs data keeping the pressure on for rate hikes
By Sinéad Carew, Devik Jain and Anisha Sircar (Reuters) - Wall Street's three major stock indexes ended lower on Friday after a solid jobs report...
Analysis – Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment
By Ben Klayman and Joseph White (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary...