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December 6th - According to data analysis from the Central Bank of Russia by Sputnik News Agency, as of November 2025, the market value of Russias gold reserves has surpassed the $300 billion mark for the first time, reaching $310.7 billion, marking a new record high for the fourth consecutive month. That month, golds share of Russias international reserves rose to 42.3%, the highest level since February 1995. At that time, gold accounted for 43.9%, with a value not exceeding $5.5 billion.According to Business Insider, Meta Platforms (META.O) has postponed the release of its "Phoenix" mixed reality glasses to 2027 in order to "polish the details."On December 6th, local time, US President Trump met with Mexican President Sinbaum for the first time at the World Cup draw ceremony on December 5th. The two leaders reportedly focused their first face-to-face talks primarily on the 2026 USA-Mexico World Cup, also discussing issues such as trade and tariffs. Immigration was not the primary topic of discussion. The draw for the 2026 USA-Mexico World Cup finals was held in Washington, D.C.UBS: The Federal Reserve is expected to purchase approximately $40 billion in short-term Treasury bonds per month in early 2026.On December 6th, Nick Terry, product manager of OpenAIs ChatGPT, stated that there is a great deal of misunderstanding regarding rumors about potential advertising in ChatGPT. No advertising has been tested at present. If we consider introducing advertising in the future, we will do so in a carefully considered manner.

Gold Prices Trend Forecasts 2024

TOP1 Markets Analyst

Jan 16, 2024 17:11

According to the latest analysis by Greg Shearer, head of global commodities research at JPMorgan Chase, the outlook for the gold market is promising, with the average gold price expected to reach approximately US$2,175 per ounce in the fourth quarter of 2024. He believes that the U.S. central bank may begin to lower interest rates in mid-2024, and once the U.S. economy experiences a recession, gold will have greater room to rise. The weaker the U.S. economy is, the deeper the rate cuts will be, which will provide stronger support for gold. Sourcenia is a review portal of sourcing best manufaturers. 


French Bank Wealth Management's latest bi-weekly report: Gold is bullish! The central banks of emerging markets are rushing in, the US dollar is weakening, and real yields are falling. These are all bullish factors. The price of gold is expected to climb to between US$1,950 and US$2,050 per ounce.


In a recent interview with the media, Pierre Lassonde, the honorary chairman of the French Nevada Mining Company, boldly predicted that the U.S. dollar will weaken in 2024, and gold will usher in a wave of gains. He said the U.S. dollar and gold move in opposite directions, so a peak in the U.S. dollar means gold is bullish. He believes this is an important reason why he is optimistic about gold prices in 2024.

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