... and its economy. Central banks account for at least 10% of all purchases of precious metals. At the beginning of this year, regulators' holdings surpassed 33,000 tons. In Russia, gold purchases increased by 22% in 2018 compared to the previous year, ... ... exhausted, making further extraction impossible. The cost of extraction is increasing yearly, primarily due to rising energy prices and the escalating cost of production. This will inevitably narrow the gap between supply and demand in the market, leading ...

... National Energy Security Fund, acknowledges that costs for Russian companies have risen, but the market has mitigated attempts at regulation. He believes sanctions will continue to tighten regardless of the U.S. administration. The U.S.’s strategic goal ... ... hydrocarbons market, though this is currently impossible and risky, even for America. The focus remains on reducing Russian oil prices and increasing transportation and trade costs for Russian companies. Limiting physical export volumes (e.g., to no more ...

... delivery of precious metals to buyers, allowing them to collect their purchased bars within one business day after the transaction. Regulations for bar issuance are currently being developed, and an accredited delivery operator is expected to manage operational ... ... Pricing The primary strategic goal of establishing the new exchange is to "disconnect" the Russian gold market from the price benchmarks set in London. Historically, global gold prices have been determined through the London Gold Fixing and LBMA ...

...,000 barrels per day in October, exceeding planned cuts by 720,000 barrels, highlighting the coalition’s commitment to volume regulation. 2025 Oil Surplus Forecast A notable takeaway from the report is the IEA’s projection of an oil surplus of around ... ... restrictions. This forecast may shape future investment decisions, as an oversupply scenario could place downward pressure on prices. For American and European investors, this indicates a potential cooling in oil prices that could affect the profitability ...

... European economy. 12:00 (Eurozone): Unemployment rate (June) and preliminary inflation data (CPI, July). Slowing inflation or rising unemployment will heighten expectations for EBC's soft policy, while high inflation figures will maintain pressure on the regulator. 15:30 (USA): Core PCE price index (June) and data on personal income/spending of Americans. The PCE index is a key inflation indicator for the Fed; its dynamics will largely dictate the further course of interest policy. 16:45 (USA): Chicago PMI (business activity in the manufacturing ...