No change of the indicator value may reduce the volatility of the related markets.
15 July
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Decline in U.S. consumer inflation may push gold above $1,900
The gold market remains optimistic. Several analysts expect the precious metal to exceed the level of $1,900 per ounce later this week amid a decline in inflation.
12 January 2023
U.S. natural gas gained 1% because of forecasted cold snap at the end of January
On Wednesday, U.S. natural gas futures rose by about 1% due to updated weather forecasts. It is now projecting lower temperatures in late January, and it’s expected to be colder than now.
12 January 2023
Gold is near $1,890 ahead of US inflation data
Gold prices are fluctuating on Thursday due to the imminent release of official data. The updated statistics are expected to show inflation easing in the U.S.
12 January 2023
EIA decreased the 2023 forecast on the Brent oil
The U.S. Energy Information Administration (EIA) changed the forecast concerning the spot average price for Brent. According to a new forecast, the price for this oil type will be lower than 10% in 2023.
12 January 2023
U.S. natural gas demand may reach a record low
According to Rystad Energy Vice President Emily McClain, U.S. natural gas demand may reach a record low. A potential fall in demand is driven by mild weather conditions observed in the country.
12 January 2023
Public shale drillers in U.S. displace private companies
Shale drilling in the United States is now being expanded by publicly traded companies such as Occidental Petroleum Corp. and EOG Resources Inc. The mentioned oil producers started to crowd out private entities.
12 January 2023
Gold rises in price on expectations of a slowdown in the Fed’s rate hikes
The U.S. Federal Reserve (Fed) is expected to slow down raising interest rates amid a decline in inflation. Regarding this, gold begins to rise in price, becoming more and more appealing for investors.
12 January 2023
Gold will reach new local highs in 2023, says Peter Grandich
Ace investor Peter Grandich supposes that soon, the majority of markets will weaken. However, some assets are underestimated. These are gold and silver.
12 January 2023
Oil stabilizes following five days of growth
In anticipation of new data on U.S. inflation, oil is stabilizing after five successive days of growth. There’s also an increase in crude oil purchases registered in China on the eve of the Lunar New Year holidays.
12 January 2023
Precious metals forecast for 2023 by MKS PAMP GROUP
MKS PAMP has posted a price forecast for platinum, silver, gold and palladium. The annual report includes possible average prices as well as minimal and maximal levels for the precious metals.
11 January 2023
