The recent decline in crude oil prices has raised concerns among analysts and market participants alike. Driven by fears of an impending recession and a decrease in global demand, the oil market is experiencing significant fluctuations. The price of Brent crude oil has plummeted, falling nearly 4% to a four-year low of $63.21 per barrel. ...
Citi Group’s Global Head, Max Layton, has made a compelling prediction regarding the demand for commodities, envisioning significant growth by 2025. According to Layton, the next 6 to 12 months are crucial, with an anticipated upward trend across all commodities, including gold and silver. His insights suggest that gold could potentially reach an astounding $3,000 ...
The past few weeks have witnessed significant fluctuations in global commodity markets, driven by a combination of currency strength, production decisions from major oil-producing nations, and economic stimuli from countries like China. These factors are crucial for investors, traders, and consumers alike, as they influence prices across a wide range of goods, including gold, crude ...