Gold bulls say broader rally is intact despite investors’ dash for cash

Gold‘s appeal as it draws support from the widening conflict in the Middle East is expected to remain intact even if some investors have favoured the dollar as their preferred safe haven, traders and analysts said. They added that a sharp fall in gold prices on Tuesday was likely to draw in buyers. A flight to safety lifted the dollar index  =USD  by 0.5% …

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China’s rare earth ban spurs Japan-India partnership on critical minerals

Seeking to lessen its dependence on China for rare earth elements—which are essential for magnet production—Japan is currently negotiating with India.  The discussions focus on a joint exploration for rare earth deposits located in the desert state of Rajasthan, according to a Reuters report.  Joint exploration and deposit According to India’s Mines Minister, G. Kishan Reddy, three hard rock rare earth …

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