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Precious metals
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What is BU? An Analysis of the Cryptocurrency BU and the Traditional Minting Term BU
The term "BU" in the cryptocurrency sphere has multiple referents, potentially representing various token projects such as BUMO, BUU, and others, most of which have low activity or are defunct. Concurrently, "BU" is also an abbreviation in traditional numismatics for "Brilliant Uncirculated," referring to coins that have not been circulated and retain their original luster, often used in precious metal investments. This article will detail these distinctions to help readers understand the specific meaning of "BU" in different contexts.
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CNBC Pro contributor Mike Khouw suggests the materials sector could offer significant returns, noting its options are priced near a five-year low.
Khouw highlights that the State Street Materials Select Sector SPDR ETF (XLB) has been one of the week's best-performing sectors, up nearly 17% year-to-date and outperforming the S&P 500. He attribute
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Hong Kong Exchanges and Clearing (HKEX) reports record physical delivery of 145kg of gold in its USD-denominated futures contract, the highest single-day tally since its 2018 launch
The record delivery underscores Hong Kong's ambition to become a global hub for precious metals, amidst widening trade restrictions imposed by the United States.
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Aya Gold & Silver acquires Moroccan exploration portfolio for US$1.06 million, expanding its land area in the country by 35.4%
Aya Gold & Silver has acquired a significant exploration portfolio in Morocco for MAD 10 million (approximately US$1.06 million) through a combination of cash and assumed debt. The portfolio comprises
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Domestic commodity futures generally rose, with Shanghai gold up over 4% and Shanghai silver up 3%.
Domestic commodity futures markets generally rose. As of press time, precious metal futures performed strongly, with Shanghai Gold up over 4% and Shanghai Silver up 3%. Alumina, palladium, platinum, i
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BitMart Enhances TradFi Trading Experience by Reducing Spot Trading Fees in the Stock Tokens and Precious Metals Sections
Svmuu News: According to official reports, BitMart has recently optimized and adjusted the fee tiers for certain spot trading pairs, specifically in the stock-based tokens and precious metals asset se
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The U.S. dollar fell 0.2% against the offshore yuan, while gold and silver prices rose across the board and cryptocurrency volatility increased
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,024.26 per ounce, marking a 0.5% increase for the day. The price of silver has risen to $58.198 per ounce, marking
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Gold and Silver Soar in Tandem (Silver Jumps Nearly 5%), Oil Prices Plunge More Than 4%
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,186.42 per ounce, marking a 1.15% increase for the day. The price of silver has risen to $66.461 per ounce, markin
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Silver rose 4.6% to $66.275 per ounce
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,200.04 per ounce, marking a 1.48% increase for the day. The price of silver has risen to $66.275 per ounce, markin
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Gold prices rose to $4,269; both WTI crude and Brent crude fell more than 1%
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,269.52 per ounce, up 0.39% for the day. The price of silver has risen to $67.315 per ounce, up 0.14% for the day.
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Gold and silver both fell, crypto volatility rises, BVIX up 4.65% intraday
According to the latest data from Gate, the price of gold has dropped to $4,149.19 per ounce, down 2.31% intraday. The price of silver has fallen to $64.406 per ounce, down 0.71% intraday. BVIX (BTC V
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Spot silver has fallen below $70 per ounce, while spot gold has dropped more than $100 today.
Svmuu reported that according to Gate data, spot silver has fallen below $70 per ounce, the first time since April 7, with an intraday decline of 5.4%. Spot gold has dropped over $100 intraday, curren
-
CNBC Pro contributor Mike Khouw suggests the materials sector could offer significant returns, noting its options are priced near a five-year low.
Khouw highlights that the State Street Materials Select Sector SPDR ETF (XLB) has been one of the week's best-performing sectors, up nearly 17% year-to-date and outperforming the S&P 500. He attribute
-
Hong Kong Exchanges and Clearing (HKEX) reports record physical delivery of 145kg of gold in its USD-denominated futures contract, the highest single-day tally since its 2018 launch
The record delivery underscores Hong Kong's ambition to become a global hub for precious metals, amidst widening trade restrictions imposed by the United States.
-
Aya Gold & Silver acquires Moroccan exploration portfolio for US$1.06 million, expanding its land area in the country by 35.4%
Aya Gold & Silver has acquired a significant exploration portfolio in Morocco for MAD 10 million (approximately US$1.06 million) through a combination of cash and assumed debt. The portfolio comprises
-
Domestic commodity futures generally rose, with Shanghai gold up over 4% and Shanghai silver up 3%.
Domestic commodity futures markets generally rose. As of press time, precious metal futures performed strongly, with Shanghai Gold up over 4% and Shanghai Silver up 3%. Alumina, palladium, platinum, i
-
BitMart Enhances TradFi Trading Experience by Reducing Spot Trading Fees in the Stock Tokens and Precious Metals Sections
Svmuu News: According to official reports, BitMart has recently optimized and adjusted the fee tiers for certain spot trading pairs, specifically in the stock-based tokens and precious metals asset se
-
The U.S. dollar fell 0.2% against the offshore yuan, while gold and silver prices rose across the board and cryptocurrency volatility increased
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,024.26 per ounce, marking a 0.5% increase for the day. The price of silver has risen to $58.198 per ounce, marking
-
Gold and Silver Soar in Tandem (Silver Jumps Nearly 5%), Oil Prices Plunge More Than 4%
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,186.42 per ounce, marking a 1.15% increase for the day. The price of silver has risen to $66.461 per ounce, markin
-
Silver rose 4.6% to $66.275 per ounce
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,200.04 per ounce, marking a 1.48% increase for the day. The price of silver has risen to $66.275 per ounce, markin
-
Gold prices rose to $4,269; both WTI crude and Brent crude fell more than 1%
Svmuu News: According to the latest data from Gate, the price of gold has risen to $4,269.52 per ounce, up 0.39% for the day. The price of silver has risen to $67.315 per ounce, up 0.14% for the day.
-
Gold and silver both fell, crypto volatility rises, BVIX up 4.65% intraday
According to the latest data from Gate, the price of gold has dropped to $4,149.19 per ounce, down 2.31% intraday. The price of silver has fallen to $64.406 per ounce, down 0.71% intraday. BVIX (BTC V
-
Spot silver has fallen below $70 per ounce, while spot gold has dropped more than $100 today.
Svmuu reported that according to Gate data, spot silver has fallen below $70 per ounce, the first time since April 7, with an intraday decline of 5.4%. Spot gold has dropped over $100 intraday, curren
-
What is BU? An Analysis of the Cryptocurrency BU and the Traditional Minting Term BU
The term "BU" in the cryptocurrency sphere has multiple referents, potentially representing various token projects such as BUMO, BUU, and others, most of which have low activity or are defunct. Concurrently, "BU" is also an abbreviation in traditional numismatics for "Brilliant Uncirculated," referring to coins that have not been circulated and retain their original luster, often used in precious metal investments. This article will detail these distinctions to help readers understand the specific meaning of "BU" in different contexts.
Precious metals
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