Finance jewelry global finance jewelry markets are

Global finance jewelry markets are watching the yuan’s movement closely, given its role in Asian luxury imports. HSBC analysts report stronger-than-expected retail sales in Hong Kong, pushing regional jewelry stocks higher, particularly gold-centric firms. Court documents also listed items authorities found in Bannon’s bedroom, including an estimated $500,000 in gold bars; $60,000 in cash; valuable jewelry from a locked safe in a closet; designer clothing and purses; and foreign currency. One cautionary note: Sellers may pay a higher tax rate on their gold profits than they may otherwise think. Short-term technical charts indicate finance jewelry stocks breaking above key resistance levels, with momentum indicators suggesting further upside. Traders are eyeing gold’s RSI levels as a leading indicator for jewelry stock movements.