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NZ central bank expands bond-buying

WELLINGTON: New Zealand’s central bank surprised markets by expanding its bond-buying programme and warned that policy rates might have to go below zero to revive the coronavirus-battered economy as the country was plunged back into lockdown.


The other reason silver is soaring: Disruptions in Latin America

LIMA: Silver’s biggest monthly rally since 1980 has mainly been a story of strong demand. Investors are seeking shelter from pandemic turmoil and negative rates while industrial demand for the metal recovers in some parts of the world.