Gold and silver ETFs rebounded strongly on Monday, recovering from significant losses incurred last week. Despite market volatility, wedding-related demand persists, with consumers in smaller cities accelerating purchases to hedge against future price increases. Long-term investors continue to favor gold for its consistent returns.
Gold and silver ETFs rebounded strongly on Monday, recovering from significant losses incurred last week. Despite market volatility, wedding-related demand persists, with consumers in smaller cities accelerating purchases to hedge against future price increases. Long-term investors continue to favor gold for its consistent returns.
Asia-focused Hillhouse Investment Management is nearing a deal to acquire a 5% stake in Quest Global. The engineering services firm is valued at approximately $4.5 billion. This investment is part of Quest Global's pre-IPO fundraising. Singapore's Temasek may also secure a smaller stake. Quest Global is also considering a reverse flip to list on Indian stock exchanges.
On Sunday, the Chicago Tribune took out a full-page ad in its own paper offering the employee owners of the Daily Herald a 30% premium over anyone else to acquire their newspaper.
