Author name: fwadmin

Overture from Ministry of Defence Export Center comes as heavily sanctioned states turn to digital assets

The red metal has notched a series of all-time highs in an end-of-year surge, rallying 42% on the London Metal Exchange this year.

“In my career, it’s unprecedented,” said John Reade, a market veteran and chief strategist at the World Gold Council.

“The numbers themselves are somewhat jaw dropping,” said IG Wealth Management chief investment strategist Philip Petursson by phone.

“The biggest factor for the dollar in first quarter will be the Fed,” said Yusuke Miyairi, a foreign-exchange strategist at Nomura.