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