Demand for gold surged to an 11-year high last year. This is due to large-scale purchases on the back of high activity by retail investors and a slowdown of ETF outflows.
Amazon launches virtual clinic in U.S. to treat common diseases
Amazon launched its medical clinic on Tuesday. It is a virtual platform where users can communicate with health care providers through the app to get various recommendations and advice in treating common diseases.
Amazon has for years sought to expand its influence in the healthcare industry, where it is a small player. In 2018, the company bought online pharmacy PillPack, which formed the basis of a prescription delivery and price comparison site that was later launched as Amazon Pharmacy, which allows users to buy prescription drugs.
Amazon said its new service will operate in 32 states. Customers seeking treatment will be linked to health care providers. The company added that the service does not include health insurance, and prices will vary by provider.
The company expects to complete its $3.49 billion purchase of One Medical, and is also going to add standard physician offices.
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Energy and Precious Metals Market events for February 2-3, 2023
Last year recorded an increased demand for gold up to the levels of 2011
Exxon Mobile is criticized for $56 billion profit
White House Supports Alaska Oil Project
Aluminum buyers from Japan agreed to pay extra charges in the first quarter
Latest news
Last year recorded an increased demand for gold up to the levels of 2011
1 February
Exxon Mobile is criticized for $56 billion profit
1 February
The White House expressed a negative assessment of the record profit of Exxon Mobile in 2022. The company earned $56 billion, and it’s a maximum for both itself and the whole oil industry of Western countries.
White House Supports Alaska Oil Project
1 February
The US Interior Department’s Bureau of Land Management supports an accelerated plan of oil production. It includes 3 new wells across the Willow site in the Petroleum Reserve-Alaska, instead of having 5 wells predetermined earlier.
Energy and Precious Metals Market events for February 2-3, 2023
2 February
On February 2, the focus is on natural gas reserves in the United States. On February 3, data on oil rigs from Baker Hughes and speculative positions on oil and gas, gold, silver, aluminum and copper are on the agenda.
Aluminum buyers from Japan agreed to pay extra charges in the first quarter
1 February
Japan was buying aluminum at a surcharge. Shipments from January to March were at $85-86 per ton, which is 13-14% less than in the previous quarter. Resources report weak demand and strong reserves of aluminum.