Gold ends the week with a drop, reaching the lowest level in the last three years. The market value of the precious metal has been declining throughout the week and has lost more than 4% of its value. Spot gold is currently trading at $2,561 per ounce.Experts believe that the decline in the value of gold is due to a strong dollar and expectations of a stricter US monetary policy under Trump. Also, high interest rates make gold less attractive to investors.Comments by Fed Chairman Jerome Powell, ... Read More
Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Read More
In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Read More
According to the US Federal Reserve, the volume of industrial production in the United States in... Read More
According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Read More
Deputy head of the PRC Academy of Social Sciences Cai Fan said that China will be able to achieve... Read More
The UK economy showed zero growth in the last quarter of 2019. According to preliminary data from... Read More
Today, Gold quotes rose to a week maximum, reaching $1,580 per troy ounce. The precious metal is... Read More
According to the U.S. Department of Labor, the number of Americans applying for unemployment... Read More
The OPEC+ Technical Committee recommended that the organization’s member countries reduce oil p... Read More
According to the European statistical agency Eurostat, retail sales in the eurozone in December... Read More
The sterling lost more than 1% after British Prime Minister Boris Johnson said he would not accept... Read More
According to the final data of the research organization IHS Markit, the index of business activity... Read More
According to the European statistical Agency Eurostat, annual inflation in the 19 countries of the... Read More
Today, the Bank of England held a meeting, at which left rates unchanged at 0.75%. Representatives... Read More
The German government raised its forecast for GDP growth for 2020 and promised to create all... Read More
OPEC representatives said the organization is ready to extend the current decline in oil production... Read More
Experts note that due to the outbreak of pneumonia in China, the growth rate of the Chinese economy... Read More
According to preliminary data from the Markit Economics Research Organization, the composite index... Read More
Today, the European Central Bank (ECB) held a meeting, following which the regulator left key... Read More
During an interview with The Wall Street Journal at the World Economic Forum in Davos, U.S.... Read More
Chinese and European stocks show a decline amid concerns about the spread of a new coronavirus in... Read More
The price of oil today rose to more than a weekly maximum after the shutdown in two large fields in... Read More
According to the official forecast of the National Bureau of Statistics of China, GDP growth in the... Read More
The ceremony of signing the agreement on the first phase of the trade dispute between the US and... Read More
According to the Federal Statistical Office of Germany (Destatis), consumer prices, calculated... Read More
According to Eurostat data, Eurozone industrial production rose in November for the first time in... Read More
According to the US Labor Department, consumer prices in December rose 2.3% year-on-year; on a... Read More
According to the UK Office for National Statistics, industrial production in the country in... Read More
According to the Labor Department data, the U.S. economy has shown less job growth outside the... Read More
According to the US Department of Labor, the number of Americans applying for unemployment benefits... Read More
