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According to three security sources, Syrian government forces have captured the Conoco gas field and the largest oil field in the east, Omar.January 18th - According to a report in The Washington Post on Sunday, the U.S. Department of Defense has ordered approximately 1,500 active-duty U.S. troops to prepare for deployment to Minnesota, the state most affected by protests against government deportation actions. The newspaper, citing Department of Defense officials, stated that the military has placed relevant units on "ready to deploy" status in case the violence in the state escalates further. However, it remains unclear whether these troops will actually be deployed. On Thursday, Trump threatened to invoke the Insurrection Act to deploy troops if state officials did not stop protesters from attacking immigration officials. This comes after a significant increase in the number of Immigration and Customs Enforcement (ICE) personnel.On January 18th, a spokesperson for the South Korean presidential office stated at a televised press conference on Sunday that South Korea will strive to secure more favorable terms for the US tariffs on imported memory chips. When asked about the Trump administrations announcement of tariffs on artificial intelligence chips, the official stated that the country released a joint situation report last year regarding its trade agreement with the US, which included provisions to ensure that South Korea would not be treated more unfavorably than its main competitors when facing US tariffs on imported chips. On Saturday, the South Korean trade minister stated that the impact of US tariffs on certain high-end computing chips on South Korean companies would be limited.January 18th - According to Yonhap News Agency, the joint South Korean military and police investigation team responsible for investigating the alleged "intrusion into North Korea" by civilian drones summoned a man in his 30s on January 16th as a civilian suspect. The investigation team believes the man is involved in manufacturing the drone in question.NIO: On January 18, 2026, 120 days after officially starting deliveries, NIOs new ES8 successfully delivered more than 50,000 units.

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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