Gold Price Forecast: Gold prices plunged heading into London’s close, hitting $1,766.38 a troy ounce. The dollar gathered momentum following the release of the US Producer Price Index, which hit a record 9.6% YoY in November, higher than anticipated.
Gold Prices Only Modestly Up, Inflation Beast Roars
The inflation beast is growing stronger. Unfortunately for gold prices bulls, we cannot say the same about the yellow metal. Is sacrifice going on tomorrow?
Asian Stocks Dip Amid Fed Policy, Omicron Risks: Markets Wrap
Most Asian stocks slipped Tuesday amid caution over economic risks from the omicron virus strain as well as central bank efforts to rein in elevated inflation. Treasuries and the dollar held gains.
Silver Prices Struggles to Defend $22.00 as Market Awaits Fed
Silver (White Metal) prices eases from an intraday high of $22.25, marking the failure to extend the bounce off late September levels.
Silver Copper Target Market Demand and Analysis By Neal Bhai
Silver Copper Target Market Outlook: Global Silver Copper Target Market report emphasizes on the detailed understanding of some decisive factors such as size, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Silver Copper Target Market”.
Copper Market to be Well Supplied in 2022 – Neal Bhai
The global refined copper market is expected to be in a significant surplus in 2022, following a small supply deficit in 2021.
Brent Crude Oil Price Forecast: Signs of a Major Reversal Appearing
Crude oil has witnessed elevated prices for the better part of 2H 2021 on the back of the global economic recovery which has taken place ever since the April 2020 low. However, oil had some difficulty surpassing the 2018 high at the historically important $86.67 area (highlighted with blue circles).