Gold at $2500? The bull market for precious metals continues
Following the recent spike in tensions in the Middle East, gold has reached a record high of $2400 per ounce. Since the beginning of the year, the price of gold in dollars has increased by 13 percent, and in Polish zlotys - even by 18 percent. It can grow [...]
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April 15 2024
Market landscape after the weekend. Metals are on the attack, cryptocurrencies are trying to regain the trend
Despite the weekend events regarding Iran's retaliatory attack on Israel, financial markets do not seem to panic today, which may be due to two factors. The first one is probably that already on Friday [...]
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28 February 2024
A resilient gold market defies forecasts of smaller interest rate cuts
Gold continues to climb higher - the current price of around USD 2 reduces the monthly loss to just 035%, an impressive result in a month in which the number of cuts in US interest rates is expected from [...]
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January 22 2024
Raw materials: Year of metals – Saxo Bank forecasts for Q1
The new year can become the time of metals, with particular emphasis on gold, silver, platinum, copper and aluminum. In the case of precious metals, we believe that the prospect of lower real yields and lower costs [...]