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lustre

How London lost its lustre for fintechs

As Silicon Valley Bank UK imploded at the start of March, fintech start-ups were among those scrambling to get money out of the troubled US lender that specialised in funding the technology sector.“I spoke to their managing director…

Gold, silver lacked lustre in July

Precious metals remained subdued in July and closed on a weak note for the fifth month in succession. There was, however, a handsome recovery in price towards the end of July, helped primarily by the softening of the U.S. dollar. For the…

Gold, silver lack lustre

Precious metals remained lacklustre in May and closed on a weak note for the second month in succession. The strengthening of the U.S. dollar along with the rise in U.S. treasury yields dented sentiment around precious metals.As a result,…

Conflict adds lustre

Precious metals are in a cool-off phase after a sharp rise in the early part of March Precious metals are in a cool-off phase after a sharp rise in the early part of March Helped by the Russia-Ukraine conflict, Comex gold posted its…