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... Read More
European stock markets started the week with a sharp drop, and the most significant decline was... Read More
On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading.... Read More
On Monday, the price of bitcoin showed a significant decline and for the first time since November... Read More
Some countries are trying to find ways to quickly eliminate US duties. Over the weekend, Vietnam... Read More
In March, the US economy created 228,000 jobs in the non-agricultural sector, exceeding the... Read More
The European currency strengthened its position after Donald Trump's statements about the revision... Read More
With the growing threat of stagflation, analysts have studied how markets are responding to a... Read More
The Chinese authorities have decided to impose additional duties of 34% on goods from the United... Read More
The great trade war has begun. China imposes 34% duties on all products from the United States.... Read More
Europe is facing an acute energy crisis. Gas storage facilities are almost empty, and high prices... Read More
The introduction of trade duties by the United States could be a new blow to the global economy and... Read More
Oil prices dropped sharply after Donald Trump decided to impose tough duties on products from key... Read More
Shares of European banks and retail companies came under pressure after Donald Trump announced the... Read More
Trump has imposed new duties «against the whole world» – 185 countries on the list. They will start ... Read More
China has restricted investments by local companies in the United States, which could give Beijing... Read More
US President Donald Trump is preparing to announce the introduction of large-scale trade... Read More
Washington is studying the financial implications of Greenland's possible annexation to the United... Read More
Last month, OPEC countries reduced oil production by 110,000 barrels per day, bringing the total to... Read More
Investments in gold assets have reached record levels since the beginning of the COVID-19 pandemic.... Read More
March 2025 has kept global markets tense, with inflationary pressures in the United States and a... Read More
Chinese President Xi Jinping held talks with more than 40 heads of the world's largest companies,... Read More
In March, consumer prices in the eurozone increased by 2.2% compared to the same period last year,... Read More
Trump has threatened to impose duties on oil if Russia does not agree to a peaceful resolution of... Read More
This week, US President Donald Trump plans to impose trade duties that could affect the UK and... Read More
In March, annual inflation in Germany dropped to 2.2% from February's 2.3%, according to the... Read More
On Monday, the price of spot gold exceeded $3,100, reaching a new record, amid fears of escalating... Read More
In the morning, the capitalization of the crypto market amounted to $2.756 trillion, having... Read More
The process of returning of Western companies to the Russian market will be individual. The Russian... Read More
The European automotive industry is experiencing a deep crisis caused by rising fuel prices, the... Read More
Chinese Secretary General Xi Jinping has called on the heads of major companies to cooperate to... Read More
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