A golden time to take profits in precious metals: BTIG
Investing.com — BTIG analysts said in a note Thursday that investors should consider taking profits in precious metals, particularly gold and silver, after strong year-to-date gains. While they remain constructive…
Fed’s rate-cutting cycle points to weaker dollar – BoA Securities
Investing.com – The Federal Reserve has started its rate-cutting cycle, and Bank of America Securities continues to expect modest US dollar downside going into 2025. “Although the Fed modestly surprised…
Oil prices slump on worries of more supply from Libya, Saudi Arabia
Investing.com – Oil prices fell sharply Thursday on indications on additional supply from both Saudi Arabia and Libya, overriding increased tensions in the Middle East. At 09:15 ET (13:15 GMT),…
OPEC+ set to go ahead with Dec oil output hike, sources say
By Maha El Dahan, Olesya Astakhova and Alex Lawler DUBAI/LONDON (Reuters) – OPEC+ is set to go ahead with a December oil output increase as its impact will be small…
Citi shares its USD/JPY price forecast for 2025
Investing.com — Citi has updated its forecast for the USD/JPY, providing insights into the pair’s trajectory for both the medium-term and long-term. The bank’s strategists highlight that the recent depreciation…
UBS sees near 20% upside potential in silver prices over the next year
Investing.com — Silver continues to shine as an attractive asset for investors, driven by a mix of favorable macroeconomic factors. As per analysts at UBS, silver prices could see a…
Sell crude oil’s downside price risks: UBS
Investing.com — UBS remains optimistic on oil prices, suggesting in a note Thursday that investors should focus on crude oil‘s downside price risks as supply remains tight. According to the firm’s…
Trump wild card for weaker dollar outlook – Capital Economics
Investing.com – The US dollar has weakened against most major currencies in the wake of the Federal Reserve’s dovish shift, and further falls lie ahead, according to Capital Economics, with…
49.9% of Investing.com readers see gold prices between $2,600-$3,000 by end-2024
Investing.com — Gold is tipped to trade at between $2,600 to $3,000 by the end of the year, according to a poll of Investing.com readers. Out of 2,330 votes, 49.9%…
UBS lifts its forecast for gold prices
Investing.com — UBS has raised its gold price forecasts, anticipating further gains in the precious metal over the next year. The bank now expects gold to reach $2,750 per ounce…
