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Gold on the rise: two days of gains amid weak US dollar and expectations about the Fed’s monetary policy
Gold prices recorded a second consecutive day of gains, hitting a one-week high on Tuesday, 19 November, as the US dollar weakened and investors awaited comments from Federal Reserve officials on upcoming interest rate moves. The spot price of gold rose 1 percent to...
European Commission Autumn Economic Forecast: An Analysis of the Coming Years
The European Commission (EC), in its autumn report, paints an economic picture of light and shadow for the European Union and the euro area in the coming years. GDP growth is projected to moderate in 2024, followed by an acceleration in 2025 and 2026, while inflation...
Gold: A Brilliant 2025 on the Horizon? Goldman Sachs Predicts New Records Thanks to Rising Bank Demand and US Rate Cuts
Goldman Sachs launches an exciting forecast for the gold market: the precious metal could reach a record high of $3,000 an ounce by December 2025. In a report signed by Daan Struyven and his team, Goldman ranked gold as one of the best commodity investments for 2025....
China Revises Export Tax Policies: New Changes to Tax Benefits
China's Ministry of Finance announced on Friday that it will reduce or cancel export tax concessions on a wide range of products as of 1 December, a change that will have a significant impact on international trade. China, the world's largest exporter of many goods,...