Apple (NASDAQ:AAPL) opened its online store in Russia today with
customers in Moscow and St Petersburg now able to order all of the
company’s products directly from the official website. This is yet
another signal that iPhone maker is preparing to open its first brick
and mortar stores in the country after it registered a new distribution
arm almost a year ago.
China- and Fed-related concerns, which have recently been weighing on commodities, have not disappeared. With key grain stockpiles and plantings data from the U.S. yet to be published, market players have yet another reason to stay on the sidelines.
Gold output in China, the world’s largest producer of the precious metal and second-largest gold consumer, is set to rise to a record this year, the country’s mining association has forecast. Despite the recent slump in the gold price, gold is said to be still widely recognised as a tool for wealth protection in China.
Source: invezz.com
China- and Fed-related concerns, which have recently been weighing on commodities, have not disappeared. With key grain stockpiles and plantings data from the U.S. yet to be published, market players have yet another reason to stay on the sidelines.
Gold output in China, the world’s largest producer of the precious metal and second-largest gold consumer, is set to rise to a record this year, the country’s mining association has forecast. Despite the recent slump in the gold price, gold is said to be still widely recognised as a tool for wealth protection in China.
Source: invezz.com
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