An increase of the indicator value may contribute to the rise in quotes of AUD.
An increase of the indicator value may contribute to the rise in quotes of AUD.
Aleksey Kalachev, an analyst at Finam Financial Group, said that demand for platinum and palladium will majorly depend on the growth dynamics of auto production this year.
On Thursday, the price of gold started stabilizing after a certain decrease amid rising uncertainty regarding possible recession and further course of the U.S. monetary policy.
As it was stated by oil analyst at PVM Oil Associates Stephen Brennock, a shale boom in the United States came to its end. Brennock told the Rigzone resource about some factors behind this event.
For the past two and a half years gold investors probably reevaluated the prospects of this asset all the time and experienced many doubts. However, the situation has changed now. Bank of America analysts give gold a positive outlook for the following three years.
Investment portal King World News recently interviewed the trend forecaster and publisher of the Trends Journal Gerald Celente.
Markets are waiting for a dovish reverse from the Federal Reserve System (Fed) this year, although there have been no signals yet.
This year, Goldman Sachs Group Inc. increased its forecast concerning the growth of Chinese GDP after the economy started to recover.
The new head of Venezuela's state oil company PDVSA has decided to suspend most export contracts in order to review them. According to him, this decision will help to avoid payment defaults.
Signs of China's economy falling, perhaps to its lowest point, have affected the rise in gas prices in Europe.
On Tuesday, January 17, U.S. natural gas futures rose by 5% from their 18-month low. This increase was driven by a few reasons, including a cold snap forecast.