... factors that influenced this dynamics were the strengthening of the US dollar and investors' expectations about high inflation, as well as a slow reduction in interest rates due to Trump's economic policy. What does the current decline mean for the precious metals market, what prospects await gold, and how are investors reacting to it? Read a detailed review and commentary by Sergey Tereshkin, CEO of Open Oil Market. A 5% weekly drop in gold prices is a notable indicator, especially considering that it ...

... are currently balancing between supporting factors (OPEC+ supply cuts and export limitations from some countries) and pressure factors (economic slowdown and potential increases in non-OPEC supplies, for example, in the event of sanctions relief). The precious metals market continues to show high activity. Gold remains near historical highs, although its price slightly retreated from peak levels by the end of the week. After a record surge in the first half of July (to approximately $3,350 per troy ounce), ...

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... There’s always a risk of a reversal. The currency is unlikely to return to previous positions and will not remain at its peak for long. Therefore, for those who missed the opportunity to buy before a spike, it is advisable to abandon this idea altogether. Precious Metals. Gold rarely loses value, even during economic downturns, yet its price increases very slowly during economic growth. Consequently, the profitability of precious metals is significantly diminished. Investments in them should only be considered ...

... 1 million barrels per day (August), and Russia is limiting exports by 500,000 barrels per day. Thanks to these measures, global supplies remain restrained. Gold is soaring, reclaiming its status as a safe asset. After a brief correction in July, the precious metal is on an upward trend again. By the end of the week, the price of gold reached ~$3380 per ounce, coming close to the historical maximum of around $3400. Weak data from the U.S. has intensified expectations for a Fed rate cut, which has lowered the ...