Goldman Sachs increased its year-end 2025 gold price target from $3,100 to $3,300 per ounce on Wednesday, citing persistent central bank demand and stronger-than-anticipated ETF inflows as key drivers.
Goldman Sachs increased its year-end 2025 gold price target from $3,100 to $3,300 per ounce on Wednesday, citing persistent central bank demand and stronger-than-anticipated ETF inflows as key drivers.
Activity in the US oil and gas industry increased in the first quarter, but executives have grown more pessimistic due to the Trump administration’s tariffs and trade policies, according to a Federal Reserve Bank of Dallas survey. The poll included 130 firms from Texas, New Mexico, and Louisiana.
Tariffs of 20% on European exports to the US are likely to lead to a significant decline in the growth rate of the German economy. Meanwhile, the impact on inflation will be more difficult to assess, said Fritzi Köhler-Geib, member of the Bundesbank's Executive Board.
According to Japanese lawmaker Satsuki Katayama, the country's economic indicators imply that the real value of the yen is closer to 120–130 per dollar than the current level of 150.
Societe Generale in its latest report notes the significant role of gold in the investors' portfolios amid growing doubts regarding the exceptionalism of the US economy. The bank's experts believe that average gold prices may reach about $3,300 per ounce in the fourth quarter of this year.
In his analysis of the current economic climate, Governor Andrew Bailey highlighted the ongoing pressures from core inflation, which hit 5% in the services sector. Drawing on this data, Bailey cautioned against making hasty decisions.
Copper prices on COMEX surged to a record $5.2 per pound on Tuesday, eclipsing the previous all-time high of $5.1 set May 20. The price rally followed Glencore's temporary suspension of copper shipments from its Altonorte smelter due to equipment failure, Bloomberg noted.
According to Reuters, loading of heavy crude in Venezuelan ports slowed significantly this week after the introduction of new US tariffs and the reduction of Chevron's fleet.
According to Reuters calculations, daily oil exports from Russia's western ports next month are expected to increase from March values by about 5%, or by 100 thousand barrels to 1.97 million barrels per day.
The recent rise in the price of bitcoin to a two-week high may turn out to be temporary, Bloomberg reports. Uncertainty in the market is keeping investors from buying, slowing the development of the bullish trend.
The world of business and finance is constantly changing. What trends and directions are relevant today? The answer to this question is key to successfully navigating in a trading and investment environment and better assessing the risks involved.
The global economy can be greatly impacted by major events, causing stock markets and exchange rates to plummet. The repercussions of one nation's crisis may extend to other countries, creating a butterfly effect with far-reaching consequences. While these events may be frightening for some, traders and investors use them as a chance to generate profits amidst a crisis.
Financial institutions act as intermediaries between borrowers and lenders. This group typically includes banks, as well as non-bank organizations such as pension funds, insurance companies, credit unions, and pawnshops. By supporting global trade, business growth, and job opportunities, these institutions play a crucial role in maintaining a stable and thriving economy.
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