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20.03.26 - 01:18
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Shrinkflation takes a bite out of Easter eggs as shoppers pay more for less (The Guardian)
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The price of popular branded eggs has risen by over 40% in some cases while some have also shrunk in sizeShoppers are shelling out for smaller eggs again this Easter as shrinkflation takes another bite out of the favourite seasonal treat.The price of popular branded chocolate eggs has risen by more than 40% in some cases while some have also shrunk in size, according to research by the consumer champion Which?. Continue reading......
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19.03.26 - 19:54
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Dubai souks buzz as gold prices crash over Dh50: Eid shoppers rush to buy (Times of India)
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Gold prices in the UAE have seen a significant drop, falling over Dh50 from recent peaks, just in time for Eid ul Fitr. This price relief has spurred a rush of last-minute shoppers to Dubai's gold souks, eager to capitalise on the dip. The market experienced hesitation followed by a sudden surge in demand, driven by global factors and profit-taking....
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19.03.26 - 18:15
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China Buys Gold For 16th Straight Month, Wall Street Sells As Retail Loads The Bullion Boat (ZeroHedge)
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China Buys Gold For 16th Straight Month, Wall Street Sells As Retail Loads The Bullion Boat
For the 16th month in a row, China bought gold into reserves in February even as bullion prices hovered near record highs.
The People's Bank of China (PBOC) added another 30,000 troy ounces last month, lifting official reserves to approximately 2,309 metric tonnes (74.22 million ounces), valued at $388 billion.
This represents roughly 9-10% of China's total foreign reserves.
At this pace, China is closing in on the top global holders (still behind US ~8,133t, Germany ~3,352t, but climbing fast).
Since November 2024, the PBOC has increased its gold holdings by a total of 1.4 million ounces.
Central banks are not alone, as CoinTelegraph's Martin Young reports, retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS).
“Retail-driven exuberance,” increasingly ch...
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19.03.26 - 09:24
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Onlinehandel kommt im Iran durch Krieg zum Erliegen (DPA-AFX)
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TEHERAN (dpa-AFX) - Der Onlinehandel ist im Iran durch den Krieg nahezu vollständig zum Erliegen gekommen. Betroffen seien landesweit Hunderttausende Unternehmen, sagte ein Brancheninsider in Teheran. Seit fast drei Wochen hat Irans Sicherheitsapparat ......
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