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
Tokyo announced the prohibition on the import of gold from Russia in connection with the situation... Read More
A quarterly survey by the Bank of Canada showed that an increasing number of companies in the... Read More
Analysts at Goldman Sachs bank believe that in the current conditions, the stock market has more... Read More
The German authorities announced that in May, for the first time in 30 years, a trade deficit of... Read More
Pyotr Bobylev, director of the Coal Industry Department of the Ministry of Energy, said that Russia... Read More
Monday, July 4 As a rule, the economic calendar is empty on Mondays, but not this time.... Read More
Bitcoin in 2022 lost about 58% of its value, demonstrating the worst quarterly performance since... Read More
Deutsche Bank experts believe that European countries will face a serious new shock as a result of... Read More
On Thursday, the stock market of the Asia-Pacific region shows mixed dynamics, as investors... Read More
On Wednesday, the oil market is showing an upswing: Brent quotations rose to the level of $116.22... Read More
According to preliminary data from the German Federal Statistical Office (Destatis), consumer... Read More
The Bank of Japan announced that it intends to continue to adhere to an ultra-soft monetary policy,... Read More
Price fluctuations of the most popular cryptocurrency continue: bitcoin has again lost the... Read More
The People's Bank of China announced the creation of a reserve in yuan jointly with five other... Read More
Experts from one of the world's largest investment banks, Goldman Sachs, predict that this summer... Read More
During the G7 summit, the leaders of the member-countries agreed to cut off Russia from... Read More
On Monday, the US dollar index slightly moved away from the 20-year high reached on June 15 at... Read More
At the beginning of the new trading week, the price of oil remains stable after a steady rise on... Read More
Monday, June 27The new trading week could start with a weaker dollar as durable goods orders are... Read More
Michigan Consumer Sentiment Index, a measure of household confidence in the US economy, dropped to... Read More
Cryptocurrency Solana has grown by almost 25% in a week. Analysts note that none of the top 10... Read More
The German Ministry of Economy is considering the possibility of nationalizing part of the Nord... Read More
Yesterday, oil finished trading lower from $112.40 per barrel to $108.05. But already on Thursday,... Read More
The stock market of the Asia-Pacific region on Thursday morning is mainly reduced. Investors... Read More
Yesterday, the US stock market showed modest growth after the head of the US Federal Reserve Jerome... Read More
According to the Office for National Statistics of the UK, in May consumer prices jumped by 9.1%... Read More
Hugh Pill, chief economist at the British central Bank, said that the Bank of England should focus... Read More
Gold may become the object of new anti-Russian sanctions of the European Union, representatives of... Read More
Over the weekend, bitcoin fell below the key resistance level of $20 thousand. According to the... Read More
Last Friday, oil prices collapsed from the area of $121 to the level of $112 per barrel amid market... Read More
