Dutch authorities still think that the Groningen gas field, once the largest in Europe, should be closed by October.

In a recent conversation with The Investing News Network, Jeffrey Christian shared his views on the current situation in the gold market.

U.S. Treasury Secretary Janet Yellen said that the task of limiting prices for oil from Russia can include petroleum products, which will cause additional difficulties.

On Monday, gold was stabilized ahead of new data release in the U.S. This updated info will gauge whether the world's largest economy could face a potential recession in 2023.

As it was recently stated by Klaas Knot, Governing Council member of the European Central Bank, the ECB should continue raising the interest rate.

The precious metal growth has reached more than 5% since the beginning of the year. However, according to industry experts, some consolidation is possible before the Fed meeting in February.

Last week fears of a recession began to rise in the markets. However, JPMorgan Chase & Co. data shows that the probability of an economic downturn has become lower.

JC Parets, founder and CEO of AllStarCharts.com, has changed his view on gold. In the past, he was indifferent to this asset, but recently he has taken a bullish stance on the yellow metal.

After two weeks of growth, the cost of WTI oil fell to $81 per barrel. As a result, the prices came close to high since mid-November.

Australia’s ANZ Bank gives silver a positive outlook for 2023. The bank's analysts believe that silver might be a cheaper alternative to gold.