Analytical agency Metal Focus predicts that next year the price of gold will rise by 2% and will amount to 1,310 dollars per troy ounce due to the fact that the short positions opened in 2018 will be massively closed in 2019. According to agency estimates, next year palladium will reach a record value of 1 thousand 120 dollars per ounce, rising by 13%. Agency experts also believe that in 2019, some investors will return to the precious metals market after the stock boom this year. It is expected that silver on average will cost 16 dollars 90 cents per ounce, having risen in price by 5% over 2019.
Gold prices gain amid strengthened Dollar, stalled U.S. stimulus talks12.10.2020
Japan’s wholesale prices decline in September, posing deflation risk09.10.2020
Oil prices slide after week-long gains amid Norwegian strike08.10.2020
Oil prices gain as U.S. Gulf production closes ahead of Hurricane Delta