News 

Gold slips, but silver gains, to start week as dollar index eases

“A popular fund tracking gold, the SPDR Gold Shares GLD, -0.44% had steadied early Monday after it dropped 1.1% last week” writes Rachel Koning Beals for marketwatch.com. Gold prices eased Monday, languishing at their lowest levels in nearly a year, though industrial metals traded mixed as immediate worries over a deeper global trade war cooled.September silver SIU8, +0.19% defied gold’s early move, tacking on 4 cents, or 0.3%, at $15.86 an ounce. Source: marketwatch.com Share This:

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Markets News 

Gold drops, adds to weekly loss as dollar index gains

“The most popular fund tracking gold, the SPDR Gold Shares GLD, -0.18% was 0.4% lower” writes Rachel Koning Beals for marketwatch.com. He pegs the end-of-year call for gold at $1,325 an ounce, with silver at $17 an ounce.The interest-rate watch driving the dollar and commodities continues with the release of the producer-price index for June at 8:30 a.m.Gold headed for back-to-back losses Wednesday as the leading dollar index gained, keeping up the inverse relationship between the two assets as markets digested the latest trade-spat developments and monitored strained diplomacy at…

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Futures Markets News 

Gold marks best settlement in nearly 2 weeks after the dollar’s recent retreat

“A weaker buck can make assets pegged to the currency, including gold, more attractive to buyers using other monetary units” writes Markets Commodities Reporter for marketwatch.com. Gold futures prices climbed Monday, with the recent retreat in the U.S. dollar helping to lift the metal to its strongest finish in nearly two weeks, as investors tested key chart territory for bruised bullion.China is one of the world’s biggest buyers in metals, including gold.The dollar index has posted gains in each of the last three months, while gold futures fell in April,…

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Gold lower but clings to weekly gain ahead of payrolls and wage snapshot

“A weaker dollar makes assets pegged to the currency, including gold, more attractive to buyers using other monetary units” writes Rachel Koning Beals for marketwatch.com. China is one of the world’s biggest buyers in metals, including gold.The most popular exchange-traded fund that tracks silver, the iShares Silver Trust SLV, +0.47%  was down 0.3% far this week. October platinum PLV8, -0.07%  shed 0.2% to $839.90 an ounce and September PAU8, -0.49%  fell 0.4% to $939.40 an ounce.Read more: What to watch in the June jobs report Ahead of the report, August…

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Markets News 

Dell will again become a publicly-traded company in $22 billion buyout

“Dell is returning to the public market in a $22 billion stock buyout that will still leave CEO/founder Michael Dell and investment firm Silver Lake firmly in charge, as reported by The Financial Times” writes Jul Edt for theverge.com. The company went private in 2013 following a $25 billion buyout by Dell and Silver Lake.Since then, Dell has seen success both in the enterprise market and with its consumer-focused PCs. By moving back to the public sphere, Dell and Silver Lake will solidify their control over VMWare — which Dell…

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What, though, if the clothes worn by medical staff could actively help prevent bugs being passed around?

“What, though, if the clothes worn by medical staff could actively help prevent bugs being passed around?” writes The Economist for economist.com. Some metals, such as gold and silver, have natural antibacterial properties and are used to coat certain solid items, such as medical implants.Instead of gold or silver, Dr Liu’s metal of choice is copper. Source: economist.com Share This:

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Gold ends losing streak, but suffers 5.5% quarterly decline

“Gold futures snapped a four-day losing streak Friday, but logged a second quarter drop of more than 5%” writes Markets Commodities Reporter for marketwatch.com. August gold GCQ8, +0.29% ended $3.50 higher at $1,254.50 an ounce, a gain of 0.3% for the day.It’s a data point that could keep up the argument for additional interest-rate hikes this year, a typically gold-negative factor.Gold prices, based on the most-active contracts, saw a weekly loss of 1.3%, a 3.8% June decline and a 5.5% drop for the quarter, leaving prices down more than 4%…

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Endangered eels high on cocaine will struggle to mate: study

“Critically endangered eels hopped up on cocaine from drug-tainted rivers will have trouble mating and reproducing, alarming new research reveals” reports nypost.com. So biologists placed endangered European eels in water containing a tiny dose of cocaine similar to the amount detected in rivers.After being removed from the cocaine water for 10 days, the eels still hadn’t recovered. The number of eels, also known as “silver eels” once they reach maturity,. The researchers added that the amount of cocaine in water was even worse near large cities, with the River Thames in…

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