Gold Prices Remain Steady Despite U.S. Retail Sales Drop We at Trading Axle are closely monitoring the gold market, especially in light of the latest report that March retail sales in the United States fell by 1%. although after this decline, gold prices remain stable, and some analysts even anticipate a rise in the near future. We'll give you a market overview and go over what influences gold prices in this article. We'll also look at go...
Global Oil industry got good news from Saudi Arabia's decision to cut oil production to stabilize the market and boost oil prices. Introduction: Saudi Arabia has announced about to cut oil production Oil market caused a strong stir and market open with bullish gap. The move may last from May 1st and continue through June, it is expected to prices remain high during this period. Why the Cut in Oil Production? Fears of an oversupp...
The Economic Significance of Gold's Rally In recent months, gold prices have remained bullish, breaking the $2,000 per ounce barrier. This unusual rally has many investors and analysts baffled because it doesn't seem to have a clear catalyst. The oncoming banking crisis, in contrast, is what we think is still lacking from the picture. We shall discuss why the banking crisis is a blatant indicator of the economy's waning momentum and why ...