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Category archives for Inflation

Gold prices are rising… and the yellow metal is heading to record weekly losses

  • 03 December, 2021
  • 5:45 pm EET

Gold prices rose in trading on Friday, as investors awaited the stance of the US Federal Reserve, which is heading to be tough on reducing stimulus and increasing interest rates. The yellow metal appears to be on its way to…

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European Forex news roundup: The dollar remains stable ahead of the US payrolls.

  • 03 December, 2021
  • 5:30 pm EET

European Forex news roundup: The dollar remains stable ahead of the US payrolls. Forex market news for the European trade session on December 3, 2021 For the most part, it was a calm session, with major currencies doing little save…

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Gold prices are falling, awaiting the US Federal Reserve’s position to confront Omicron

  • 02 December, 2021
  • 5:47 pm EET

Gold prices fell in trading today, Thursday; Investors are betting that the US Federal Reserve will gradually reduce its bond purchases faster to counter rising inflation. Investors are also assessing how central banks will respond to rising inflation and concerns…

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OPEC + reveals its forecast for oil surplus in the first quarter of 2022

  • 01 December, 2021
  • 5:51 pm EET

Oil markets are awaiting the meetings of the Organization of Petroleum Exporting Countries “OPEC” and its allies in what is known as the OPEC + alliance, following the withdrawals from the strategic reserves led by the United States, as well…

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Gold prices rise less than 1%, supported by fears of the Omicron spread

  • 01 December, 2021
  • 5:42 pm EET

Gold prices rose on Wednesday, as weak bond yields and uncertainty about economic growth due to the Omicron coronavirus mutated pushed investors to the safe haven of gold. And the spot gold price rose 0.59% to $ 1748.92 an ounce…

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