Goldman Sachs Group Inc. and UBS Group AG have again voiced optimistic forecasts for gold, citing strong demand from central banks and the asset's protective properties in the face of recession, geopolitical risks and tariff war.The bank's analysts expect the cost of an ounce of «black gold» to rise to $3,700 by the end of 2025, and to reach $4,000 by the middle of next year. These forecasts came after gold jumped 6.6% last week, setting a new record above $3,257 per ounce. The current quot... Read More
During trading on Friday, the British pound sterling paired with the US dollar fell to its lowest... Read More
Ethereum has completed an important long-awaited upgrade to its system – The Merge. It involves the ... Read More
Market participants continue to digest the August US inflation report, which showed that prices in... Read More
On Thursday, the price of gold fell to the level of $1695 per ounce amid expectations that the US... Read More
Germany is considering the possibility of nationalizing the largest German gas distributor Uniper... Read More
According to the report of the National Statistical Service of the United Kingdom, inflation in the... Read More
World oil prices are declining on Wednesday morning amid a significant increase in its reserves in... Read More
The price of gold fell sharply on Tuesday after the publication of inflation statistics in the... Read More
According to the US Department of Labor, consumer prices rose by 8.3% year-on-year in August.... Read More
The European Union has abandoned the idea of limiting prices for Russian gas, while a tax on excess... Read More
World oil prices moved to growth on Monday afternoon due to the weakening of the US dollar against... Read More
Monday, September 12The macroeconomic calendar on Monday is almost empty. Only data on GDP and... Read More
Monday started with a block of data from the UK – on the country's GDP and industrial p... Read More
Last night, the London Stock Exchange stopped trading after the news of the death of Queen... Read More
On Thursday, US stock indexes ended trading higher amid statements by the head of the US Federal... Read More
The new British Prime Minister Liz Truss has revealed the details of her energy plan: from October... Read More
Following the results of the September meeting, the European Central Bank decided to simultaneously... Read More
Oil prices accelerated their decline on Wednesday amid growing concerns among traders about the... Read More
The US stock market is declining on Wednesday after the end of the Labor Day holiday weekend.... Read More
Gold prices on Wednesday morning are moderately declining amid rising yields on US government bonds... Read More
The short-term summer rally in metal prices abruptly changed to the opposite trend, as the... Read More
World oil prices are declining on Tuesday after rising the day before to the level of $96.88 on the... Read More
The British pound is rising on Tuesday after the publication of more detailed information about how... Read More
On Monday, the British pound collapsed to its lowest since 1985. At the moment, the exchange rate... Read More
Monday, September 5Monday this week is unusually full of publications – indexes of business a... Read More
In the USA, a monthly report from the Ministry of Labor was released, which surprised market... Read More
Gold prices accelerated their decline on Thursday amid the strengthening of the US dollar and... Read More
The main US stock indexes are noticeably declining on Thursday amid a reduction in investor... Read More
Oil prices ended August in the red zone and continue to decline on the first day of... Read More
OPEC oil production in August increased to the highest since the beginning of the coronavirus... Read More
