Bank of America Corp reported a sharp rise in commodities trading revenue in the first quarter, with gains driven by heightened volatility in oil and precious metals markets that boosted performance across its trading businesses, according to a report by Bloomberg. The bank said commodities trading revenue increased by around 60% year-on-year, reflecting unusually strong client activity amid rapid price …
Continue ReadingSilver hit a record high of $121.6 per ounce in January 2026. It has since fallen 35%. The structural story underneath has not changed at all. The Silver Institute and consultancy Metals Focus published its annual outlook on April 15, warning that the silver market is heading for a sixth consecutive year of structural deficit. Since 2021, 762 million troy …
Continue ReadingIn an effort to attract foreign and private investment, Venezuela has approved new mining legislation. The reform has repealed mining laws from 1999 and 2015, allowing for broader participation in the extraction of gold and critical minerals such as bauxite and coltan. It is part of a wider strategy to stabilise the economy and unlock the country’s vast natural resource …
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