The value of gold reserves in the top 10 countries holding the largest gold reserves remained stable in recent years. According to World Gold Council, all the gold ever mined is 190,040 tons.
Investors will focus on the following key events for the next week, after a strong rebound for equities and cryptocurrencies the previous week. Earnings season continues
This week there are many key events and releases starting on Monday, which is a PMI day with reports from Germany, France UK Eurozone and US. Large-cap companies will also attract investors’ attention.
Here are the key events and economic data that investors and traders are monitoring on Thursday.
First at 8:30 a.m. ET, the Labor Department
Silver price retreated today as the rebound from the two-year lows met stiff resistance at the 200-week moving average around $20.80. The global shaky environment
2022 has been a tough year for investors around the globe as all indices slipped into a bear market. The aggressive rate hikes by the Federal Reserve throughout the year, the Russia-Ukraine war, high inflation
Brent oil is down 5.08% at $85.76 hitting the lowest level since January 25, 2022 as recession fears spread across all asset classes. West Texas Intermediate crude oil
Gold price continues lower for the second consecutive session as investors expect more interest rate hikes from the Fed.