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Gold demand rose to an 11-year high in 2022 due to “massive” purchases from the central bank

Gold demand rose to an 11-year high in 2022 due to “massive” purchases from the central bank

Ingots of 99.99 percent pure gold are placed in a workroom at the Krastsvetmet Precious Metals Plant in Krasnoyarsk, Siberia, Russia, January 31, 2023. Alexander Manziuk | Reuters gold Demand rose to an 11-year high in 2022 on the back of “massive central bank buying, aided by aggressive buying by retail investors,” according to the …

Gold demand rose to an 11-year high in 2022 due to “massive” purchases from the central bank Read More »

Cramer sees bullish signs starting to appear in the stock market, but not in the same places as before

Cramer sees bullish signs starting to appear in the stock market, but not in the same places as before

Being negative can be a wonderful thing. Staying in a negative state can be fatal. Because almost 2022 will be remembered as a year of frustration and frustration. Not for bears. They were occasionally beaten – but most of the time, they were dragged off the joint. Any time you’re feeling too excited, too uphill, …

Cramer sees bullish signs starting to appear in the stock market, but not in the same places as before Read More »

Stocks making the biggest moves midday: JPMorgan Chase, Wendy's, Virgin Galactic, Delta Air Lines, Tesla, and more

Stocks making the biggest moves midday: JPMorgan Chase, Wendy’s, Virgin Galactic, Delta Air Lines, Tesla, and more

A sign is placed in front of Wendy’s Restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out which companies are making headlines in the midday trading. JPMorgan – Shares of the largest US bank in terms of assets rose by more than 2% after the company recorded profits and …

Stocks making the biggest moves midday: JPMorgan Chase, Wendy’s, Virgin Galactic, Delta Air Lines, Tesla, and more Read More »

Citigroup's fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup said it identified the cause of the flash crash and rectified the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup He said net income in the fourth quarter was down more than 21% from a year ago as the downturn in investment banking outweighed the benefit from higher interest …

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses Read More »