Tag Archives: Palladium

PRECIOUS-Gold prices rose higher due to a weaker dollar | Instant News


    March 1 (Reuters) - Gold edged higher on Monday, recovering
from an eight-month low touched in the previous session, as a
weaker dollar lifted bullion's appeal.
            
    FUNDAMENTALS
    * Spot gold        rose 0.3% to $1,739.31 per ounce by 0108
GMT, after hitting its lowest since June at $1,716.85 on Friday.
U.S. gold futures        gained 0.4% to $1,736.10.
    * The dollar        slipped from a one-week high hit in the
previous session, making gold cheaper for holders of other
currencies.       
    * Bullion, however, posted its worst monthly fall since
November 2016 in February due to rising U.S. Treasury Yields,
which increase the opportunity cost of holding non-yielding
gold.       
    * U.S. House of Representatives passed a $1.9 trillion
coronavirus relief package early Saturday.             
    * A global bond market rout saw government bond yields in
the United States, Germany and Australia ending February with
their biggest monthly rises in years.                          
    * The U.S. government on Saturday authorized Johnson &
Johnson's         single-dose COVID-19 vaccine, setting the
vaccine up for additional approvals around the world.
            
    * Speculators decreased their bullish positions in COMEX
gold and silver contracts in the week to Feb. 23, the U.S.
Commodity Futures Trading Commission (CFTC) said on Friday.
            
    * Physical gold demand in India gained momentum last week as
retail buyers and jewellers lapped up bullion at near
eight-month low prices, while Singapore continued to see steady
interest for both gold and silver.         
    * Silver        gained 0.3% to $26.71 an ounce, while
palladium        was up 1% at $2,340.69. Platinum        rose
1.1% to $1,202.00.    
    
DATA/EVENTS (GMT)
0855  Germany  Markit/BME Mfg PMI
0900  EU       Markit Mfg Final PMI
0930  UK       Markit/CIPS Mfg PMI Final
1300  Germany  CPI, HICP Prelim YY
1445  US       Markit Mfg PMI Final
1500  US       ISM Manufacturing PMI

 (Reporting by Shreyansi Singh in Bengaluru; Editing by Rashmi
Aich)
  

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PRECIOUS-Gold faces its worst week in 12 as US Treasury yields strengthened | Instant News


    Feb 19 (Reuters) - Gold prices fell to their lowest in
nearly three months on Friday and headed for their worst week
since end-November, as recent strength in U.S. Treasury yields
dented the non-yielding metal's appeal.
    
    FUNDAMENTALS
    * Spot gold        fell 0.4% to $1,769.26 per ounce by 0100
GMT, having touched its lowest since Nov. 30 at $1,765.35
earlier in the session. Prices have declined 3% so far this
week.
    * U.S. gold futures        slipped 0.5% to $1,766.40.
    * Benchmark U.S. Treasury yields edged higher, having hit a
near one-year peak earlier in the week. Higher yields increase
the opportunity cost of holding bullion, which pays no interest.
    * The dollar        was also set to mark a weekly gain,
making gold expensive for holders of other currencies. 
    * U.S. jobless claims unexpectedly increased last week,
raising the possibility of a second straight month of tepid job
growth despite declining new COVID-19 infections.            
    * Switzerland's monthly gold exports to India in January
reached their highest since May 2019, though exports to China
and Hong Kong remained at rock bottom, customs data showed on
Thursday.             
    * Silver        eased 0.6% to $26.86 an ounce, after falling
over 1.8% so far this week, its worst since mid-January. 
    * Platinum        slipped 0.7% to $1,266.09 and was on
course to mark its third straight weekly gain, while palladium
       shed 0.3% to $2,345.02.

DATA/EVENTS (GMT)
0700  UK      Retail Sales MM, YY                Jan
0700  UK      Retail Sales Ex-Fuel MM            Jan
0745  France  CPI (EU Norm) Final MM, YY         Jan
0815  France  Markit Mfg, Serv, Comp Flash PMIs  Feb
0830  Germany Markit Mfg, Serv, Comp Flash PMIs  Feb
0900  EU      Markit Mfg, Serv, Comp Flash PMIs  Feb
0930  UK      Flash Mfg, Serv, Comp PMIs         Feb
1445  US      Markit Mfg, Serv, Comp Flash PMIs  Feb
1500  US      Existing Home Sales                Jan

 (Reporting by Sumita Layek in Bengaluru; Editing by Devika
Syamnath)
  

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Aznom Palladium is closed five days after Halloween and it is now five days late | Instant News


But if you can’t stay away from odd numbers, then you have come to the right place, because this is the largest of them. Both literally and figuratively. Aznom Palladium-you are not the only Aznom Palladium-has been around for some time now, although this is the first time it has been shown to the world. It is appropriate to do this a few days after Halloween, but not as appropriate as October 31.

Palladium looks like it might be the wheel of the monster we have ever been closest to Frankenstein. If you think this luxury car will be forgiven/SUV It was built in places like Russia or the Middle East, but it was actually made in Italy by a company that claims to restore coaching skills.

Indeed, palladium is nothing but a RAM 1500 Below, this means that all the bodywork you see is custom made. Obviously, this raises a question: why not make it more beautiful? Well, you try to use a pickup truck to make a luxury car and take a look.

Base it on RAM The 5.7-liter V8 engine is 1500. In palladium, with the help of two turbochargers, it can produce 710 hp and 70 lb-ft (950 Nm) of torque. According to Aznom, the luxomobile with truck steering can reach a speed of 62 mph (100 km/h) in just 4.5 seconds and continue to drive towards a maximum speed of 130 mph (210 km/h).

Although the size of palladium (close to 235 inches (six meters)) and everything has been added to make it less practical and more aristocratic, palladium is not as heavy as you think. It weighs 5,842 pounds ( 2,650 kg), definitely lighter than it looks.

We never thought of saying that for luxury cars, but Aznom Palladium can indeed use larger wheels. The amount of metal related to wheel size-especially the rear wheels-looks very different. What are we talking about? The rear of the whole car is messy, and some people may even say the same thing to the whole car.

Well, although the exterior design will be dubious-if Rolls-Royce plans to release a pickup truck, it may sue for copyright infringement-the interior is even more troublesome. If you like ultra-luxury leather-covered blue neon lights, this is it.

It has four seats, including the driver, but unfortunately, Early drawings One of the cool features of the model-is now gone. Palladium also has a weird drawer-like backsplash. But think about it, this is the least strange part of the vehicle.

Aznom has not revealed the price tag of palladium, but considering that the Italian company’s previous product was also based on the RAM 1500 truck, its level of customization is much lower, exceeding $250,000. If we talk about six points, we will not Surprised. The numbers here. Only ten pieces are made, which is good news for everyone, because it greatly reduces the chance of seeing one of them.

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