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3232$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges
https://www.digit.info/2700-in-2025-goldman-sachs-has-highest-confidence-in-gold-amid-market-challenges/
Wed, 04 Sep 2024 14:30:44 +0000https://www.digit.info/2700-in-2025-goldman-sachs-has-highest-confidence-in-gold-amid-market-challenges/Read more]]>While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that, out of all commodities, they have the “highest confidence” in gold. Gold Dips, but Goldman […]
]]>India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade
https://www.digit.info/india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade/
Wed, 08 Mar 2023 22:04:57 +0000https://www.digit.info/2023/03/08/india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade/Read more]]>On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S. […]
While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that, out of all commodities, they have the “highest confidence” in gold. Gold Dips, but Goldman […]
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On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S. […]