Author: Lucas

Silver has seen sharp swings, driven partly by speculative activity and social media-driven narratives. Ole Hansen, Head-Commodity Strategy at Saxobank warned that such movements can distort fundamentals.He pointed out that while exchange inventories in China and the US appear tight, high prices are already slowing industrial demand and encouraging scrap supply. Even small countries are seeing increased silver recycling, which could help balance the global deficit. On precious metals, Hansen clearly prefers gold over silver. “Gold is a monetary asset.” He explained that gold’s value is less sensitive to industrial demand and more linked to investor appetite for wealth protection.…

Life is unpredictable; an unexpected medical expense, a sudden job change, or an urgent home repair can arrive without warning. In moments like these, having an emergency fund can make all the difference between financial confidence and financial stress. More than just a pool of money, an emergency fund is a safety net that helps you manage surprises without derailing your long-term goals. This is where the right savings plans step in, offering accessibility, stability, and peace of mind when you need it most. Why an Emergency Fund Matters Life can throw surprises—medical needs, sudden job shifts, urgent repairs. Without…

ASTANA – Kazakhstan is undertaking a major expansion of its oil refining, gas processing, and petrochemical industries, aiming to boost oil processing capacity from 18.4 to 40 million tons per year, eliminate domestic fuel shortages by 2033, and increase production of value-added petrochemical products for both domestic use and export, the Deputy Minister of Energy Kaiyrkhan Tutkyshbayev said at a Feb. 17 government meeting. Oil refining The Deputy Minister of Energy Kaiyrkhan Tutkyshbayev. Photo credit: gov.kz Under the national refining development concept, plans are underway to increase oil processing capacity from 18.4 million to 27.7 million tons per year through refinery…

Gold price today Highlights: Gold rate today declined around 1% on MCX on Wednesday on profit booking but remained on course for an exceptional year posting stellar retuns of 65%, highest since 1979.MCX gold rate was down a little over 1% or ₹1,550 to ₹1,35,116 per 10 gram. Meanwhile, Spot gold slipped 0.3% to $4,334.20 an ounce as of 0032 GMT, after touching a record high of $4,549.71 on Friday. US gold futures for February delivery also declined 1% to $4,346.50 an ounce.Gold prices were supported by a combination of persistent geopolitical risks, a softer US interest rate environment, sustained…

The digital euro will need safeguards in place to stop governments from snooping on people’s online spending habits, according to the architect of the world’s first central bank-backed digital … Source link

X Register for free to receive latest news stories direct to your inbox Register All staff at a four-star hotel in Nottinghamshire have been made redundant after the business entered administration. The Nottingham Belfry Hotel & Spa, on Mellors Way, had continued trading after administrators were appointed on 7 January. However, FRP confirmed that the hotel ceased trading with immediate effect on Tuesday (10 February). Ian Corfield and Anthony Simmons of FRP were appointed as joint administrators of the company, which traded as Nottingham Belfry & Spa, on 7 January 2026. In a statement sent to Nottinghamshire Live, FRP said:…

Meet Carolina. She works in a water and sanitation utility in a small European city. As a female employee, Carolina is one of only a few, as she works in a sector where women tend to be underrepresented. What is more, the few women that do work at the utility are clustered in administrative positions, like Carolina’s. Though Carolina once wanted to be an engineer, she ended up on an alternative path: “At the end I gave it up because I was afraid that I wouldn’t get the same respect as men or wouldn’t be able to advance because I…

Tech led US stock futures lower on Tuesday, pointing to another downbeat session on Wall Street after AI jitters helped drive back-to-back weekly losses for the broader market. S&P 500 futures (ES=F) moved down roughly 0.3%, while those on the Nasdaq 100 (NQ=F) slid 0.6% Contracts on the Dow Jones Industrial Average (YM=F), which includes fewer tech names, fell 0.1%. Investors are heading into shortened week of trading after US markets were closed Monday in observance of Presidents Day. On Friday, the tech-heavy Nasdaq Composite (^IXIC) booked a fifth straight weekly drop for its longest losing streak since 2022. The…

Last Updated:February 17, 2026, 10:35 ISTUnlisted shares of Fractal Industries Ltd were trading at Rs 216 apiece in the grey market, which is zero premium over the upper IPO price, indicating flat or negative listing.Fractal Industries IPO.Fractal Industries IPO Day 2: The initial public offering (IPO) of full-service apparel manufacturing and supply-chain company Fractal Industries Ltd is witnessing its second day of bidding today, February 17. The Rs 49-crore IPO, whose price band has been fixed in the range of Rs 205 to Rs 216 apiece, will be closed on Wednesday, February 18. Till 10:15 am on the second day…

Gold and silver futures began Tuesday’s session lower on the Multi-Commodity Exchange as weak global signals and limited participation weighed on sentiment. Trading volumes were subdued with major Asian markets such as Mainland China, Hong Kong, Singapore, Taiwan and South Korea closed for the Lunar New Year holidays. Strength in the U.S. dollar also pressured bullion, capping any significant gains in precious metals.April 2026 gold futures on the MCX fell by Rs 1,210, or 0.80 per cent, to Rs 1,53,550 per 10 grams. Silver futures scheduled for March 5, 2026 delivery declined Rs 4,685, or 2 per cent, to Rs…