Morgan Stanley: $ 1350 gold to 2019 end.
US investment bank Morgan Stanley has published an updated gold outlook, taking into account recent news from the US Federal Reserve. Analysts of the bank took a neutral position regarding the prospects for the yellow precious metal. The review of the bank also deals with…Read More
Americans bought a company coinInvest GmbH.
American financial company INTL FCStone, which provides consulting services to investors around the world, bought the German company CoinInvest GmbH with headquarters in Frankfurt am Main. Thus, the Americans decided to expand their direction in precious metals. INTL FCStone announced the beginning of the purchase…Read More
US sanctions against gold recycling in Venezuela.
US authorities have frozen assets of the Venezuelan company Minerven, which are located in the States. This company is engaged in mining and processing of gold. She is accused of supporting the Maduro regime. According to Bloomberg, the US authorities imposed sanctions against the Venezuelan…Read More
Metals focus: palladium feels confident.
After the price of palladium reached its maximum mark of $ 1615 per ounce on March 21, 2019, its value began to be corrected. Within one week, the price dropped by $ 270 or 17%, before a support level of about $ 1,300 was formed.…Read More
100 tons of gold remains in Venezuela reserves.
Venezuelan authorities again took the gold from the reserves of the Central Bank of the country to keep the state economy afloat. This was reported by Reuters. But sooner or later, the “lifeline” in the form of gold will end. The crisis in Venezuela has…Read More