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Gold and Silver Slip to 1-Week Lows as Bond Yields Rise Ahead of 'Upbeat' Fed


Wednesday, 4/28/2021 14:09
GOLD PRICES slipped to 1-week lows in London trade Wednesday as global stock markets rose to fresh records, crypto-currencies rallied, and longer-term interest rates pushed higher ahead of today s policy statement and forecasts from the US Federal Reserve.
 
 
Silver prices also fell to 1-week lows before rallying 15 cents to $26.00 per ounce, unchanged from last Friday s finish.
 
With pundits and traders awaiting Fed chair Jerome Powell s press conference for any hint of tighter monetary policy to come, 10-year US Treasury yields rose to 1.63% per annum, the highest borrowing cost in 2 weeks and extending yesterday s 5-basis point jump.
 
The
steepest daily rise so far this month, that move came as the US government raised another $62 billion in new debt with an auction of 7-year bonds. ....

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Cyprus' Religious Leaders prey for informal summit...


© In-Cyprus 2021
The Religious Leaders of Cyprus that make up the Religious Track of the Cyprus Peace Process (RTCYPP) have jointly expressed their best wishes for the meetings starting in Geneva on Tuesday to end the stalemate of the divided island’s peace process.
And for the UN-brokered dialogue aiming towards the reunification of Cyprus, divided since a 1974 invasion by Turkey, to resume.
In a press release, the religious leaders said the two leaders are “meeting at a holy time for Christians and Muslims; Easter and Ramadan, when we in Churches and Mosques all over our island ask for forgiveness, pray for. ....

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3 Dividend ETFs To Buy And Hold


3 Dividend ETFs To Buy And Hold
In a world of short-term trading, these three dividend ETFs make terrific investments you can buy and hold forever.
Author:
Apr 27, 2021
Sometimes, investing just doesn t need to be that complicated. While a lot of investors and those in the financial media try to determine on a daily basis where the markets are headed and which sectors look the most attractive, finding a high quality ETF with a logical objective that you can simply buy and hold makes a lot of sense.
While we haven t seen it much over the past several years, dividend investing has proven to deliver above average returns over enough time. It s not nearly as exciting as investing in Tesla or bitcoin, but if you re goal is steadily building long-term wealth for retirement, college or almost any other goal, dividend stocks and ETFs should be a part of your portfolio. ....

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The highest-yielding stocks on the TSX, plus risk data

The highest-yielding stocks on the TSX, plus risk data
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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