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
The United States Senate Committee on Finance has approved the U.S.-Mexico-Canada Trade Agreement... Read More
On Tuesday, the price of gold in Asia fell back from seven-year highs in the $1,582.59 area after... Read More
According to Sentix Research Center, investor sentiment in the eurozone improved in January for the... Read More
Analysts positively assess the prospects for the development of the global economy in... Read More
Several municipalities in Beijing, including the Financial Supervision and Administration Service,... Read More
The head of the Ministry of Energy of the Russian Federation, Alexander Novak, said that the... Read More
Oil prices continue their upward movement. Growth is supported by expectations of a Washington and... Read More
US President Donald Trump and President Xi Jinping of China announced that the first phase of a... Read More
Canada's economic indicators unexpectedly fell in October amid a sharp decline in manufacturing and... Read More
The price of gold is growing slightly on Monday, market participants are waiting for further news... Read More
According to the third and final estimate of the US Commerce Department, real gross domestic... Read More
After the United States and China announced the conclusion of the first phase of trade deal,... Read More
European Central Bank Governing Council member Peter Kazimir said, that the eurozone economy may... Read More
The cost of palladium today set a new historical record, exceeding $2 thousand per troy ounce.The... Read More
According to the IHS Markit, business activity in the UK economy declined for the second month in a... Read More
This week U.S. President Republican Donald Trump is likely to become the third U.S. president faced... Read More
The Chinese Ministry of Commerce said today that Beijing and Washington are in close contact on a... Read More
According to the Labor Department, U.S. consumer prices increased solidly in November by 2.1%... Read More
Oil prices continue to decline on Tuesday, as concerns over slowing demand outweighed optimism... Read More
According to the Federal Statistical Office data, exports from Germany rose in October by 1.2%... Read More
According to the US Department of Labor, US unemployment in November fell to 3.5%, the lowest level... Read More
According to the report of the US Department of Labor, the number of Americans filing applications... Read More
According to the press release from the analytical company Automatic Data Processing (ADP), U.S.... Read More
U.S. President Donald Trump noted that he could postpone the signing of a trade agreement with... Read More
According to a statement by representatives of the Ministry of Foreign Affairs of the People's... Read More
According to preliminary estimates of European statistical agency Eurostat, annual inflation in 19... Read More
After a drawdown amid the news about the hacking of the Upbit exchange, the price of bitcoin showed... Read More
According to the press release from the US Department of Commerce, the US economy grew at a 2.1%... Read More
According to trading data, world oil prices began to rise today amid optimism around the prospects... Read More
Deputy Prime Minister Dmitry Kozak said that Russia’s Nord Stream-2 gas pipeline is expected to b... Read More
