According to the Canadian bank CIBC, the resistance of gold to external pressure factors will allow it to overcome an important level of resistance by the end of this year by the end of this year. In the next two years, the price of gold will rise to $ 1,
Published: 2019.10.24.
How will the recent political events affect the gold market? Some investment banks have updated their gold price forecast. Most analysts gave a positive forecast regarding the prospects for the yellow precious metal. Over the past few days, gold has agai
Published: 2019.10.22.
According to Bloomberg, an increase in global demand for gold from institutional and individual investors is a consequence of geo-economic instability, portending a crisis.
Published: 2019.10.21.
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Published: 2019.10.20.
The world price of gold will show even a slight increase, and at the end of the year it will average $ 1,510 per ounce. This is reported by Kitco News with reference to a review of Standard Chartered Bank. The main drivers of growth will be a decrease in
Published: 2019.10.18.
The Government of the United Arab Emirate (UAE) has decided to give the gold mining and jewelry manufacturing sector special status. This was reported by the regional publication Gulf News.
Published: 2019.10.17.
In the next few weeks, very large volatility is expected in the gold market, and in both directions. The reasons are the progress in negotiations with China and the Fed’s decision to launch a “printing press” for $ 500 billion by the end of February 2020.
Published: 2019.10.16.
As it became known, in the first half of 2019, the United States sent 116 tons of gold to the UK to provide ETF funds with physical precious metals. But overall, US gold exports are declining.
Published: 2019.10.15.
Last week, the price of gold again fell below $ 1,500 per ounce. On the Forex market, precious metals traded at around $ 1,488 (1,348 euros). The main factor in the pressure on gold was the news of the rapprochement between the United States and China on
Published: 2019.10.14.
The price of gold continues to correct and can test the level of $ 1450 per ounce. The catalyst is the resumption of negotiations between the United States and China on a trade agreement.
Published: 2019.10.11.