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On December 18th, it was reported that on December 17th local time, the EU revealed that six months after the conclusion of negotiations, the EU and the UK finalized the text of the legislation concerning the new relationship between the EU and Gibraltar after Brexit. This marks another step forward in the approval of the legislation, but it has not yet reached the final stage of taking effect. It is understood that the text is currently undergoing legal review by the EU and the UK, after which their respective internal procedures will be carried out and it will be formally signed. On June 11th of this year, Spain, the UK, and the European Commission reached a political agreement on the relationship between Gibraltar and the EU after Brexit. Following the UKs formal departure from the EU, Spain, the UK, and the EU, among other parties, negotiated for nearly four years before reaching this agreement. The agreement stipulates that Gibraltar will become part of the Schengen Area, with no control over land borders, but border control will be implemented at ports and airports, with border control handled by Spanish police and customs.Amazon (AMZN.O): Pieter Abbeel will lead our cutting-edge modeling research team. Rohit Prasad has decided to leave Amazon at the end of this year.A majority of U.S. senators have supported a $901 billion annual defense policy bill, and voting is still underway.Atlas Cloud AI: Initial investment of approximately $250 million.On December 18, the U.S. Court of Appeals for the District of Columbia Circuit unanimously ruled 3-0 on Wednesday to allow President Trump to continue deploying National Guard troops to Washington, D.C., for the next few months. The court held that the government had demonstrated a “high probability of success” in legal proceedings concerning the legality of the deployment. This ruling suspends a previous decision by District Judge Ja Cobb, which found Trump’s deployment of more than 2,000 National Guard troops to Washington, D.C., illegal. Under the new order, the National Guard is expected to remain in Washington, D.C., until at least February of next year. Judge Patricia Miller wrote in the ruling that the government appears highly likely to win because Trump “possesses the unique authority to mobilize the National Guard” because Washington, D.C., is a federal district, not a “constitutionally sovereign” state.

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.