World prices for gold with immediate delivery rose on exchanges in Asia by 1.7% to $ 1,411.63 per ounce. The cost of gold rose above $ 1,400 per ounce for the first time since September 2013. The August gold futures in New York rose to $ 1,409.1 an ounce, then fell slightly, to $ 1,395.9 an ounce....

Following the June meeting, the Federal Reserve System (FRS) of the USA left the key rate at 2.25–2.5% per annum. At the same time, the watchdog declared its readiness "to act as necessary to support expansion of the economy" and refused to promise to "be patient" in the matter of adjusting rates....

The oil market may collapse in the event of an escalation of the trade war between China and the United States, analysts of Bank of America Merill Lynch wrote in a weekly global energy report. If trade tensions between countries increase, China will refuse to comply with sanctions against Iran and...

The size of the public debt of Italy in April of this year set another record and reached a historic high of €2.373 trillion, the country's central bank Bankitalia, said. Compared with March, Italy's sovereign debt grew by €14.8 billion. This can primarily be explained by increased costs of the...

On Thursday, palladium prices updated a one and a half month high, rising to the level of $ 1,440 per troy ounce. China’s plans to stimulate demand for cars, tougher environmental emission requirements, and a structural metal deficit in the market are contributing to higher prices. Against the...

The United States wants India to further open up its economy and market to American companies as well as to "diversify" its energy portfolio, said the US Secretary of State Mike Pompeo. He also added that "real opportunity" has been witnessed by those countries that have opened up their local...

The import tariffs on imported Chinese products by the Trump administration of the United States would weigh down on their results, warned a number of major American consumer companies.   These statements came from such companies came after US President Donald Trump increased import tariffs...

The idea of creating a national currency and exit from the euro zone has been discussed in Italy for several years, but now it has again attracted much attention. This is taking place against the background of the controversy of the country’s Euro-skeptic government with Brussels over observance of...

Total assets of the funds investing in gold, updated the ten-week maximum, approaching the mark of 2.24 thousand tons. The growing interest in the precious metal is taking place against the background of the involvement of new countries in trade disputes with the United States, as well as the Fed’s...