China, Australia, the USA, South Africa, Russia, Peru and Indonesia are the world`s largest producers of gold. India, China, the USA, Turkey, Saudi Arabia, Russia and the UAE are the top buyers of gold jewellery. Gold futures are traded on COMEX, one of the two divisions of the New York Mercantile Exchange (NYMEX). COMEX deals solely with metal trading. 50% of the above-ground gold is in jewellery, 40% is investments, 10% in industry. It is widely used in electronics and high technology. Gold is a good electrical conductor, has a high level of corrosion and chemical resistance Latest commodities articles
GBP/USD in focus ahead of FED and BOE meetings Both the Federal Reserve and Bank of England will deliver their updated monetary policies this week, with GBP/USD likely to experience increased momentum.
17:33, 17 December 2024
The markets expect FOMC to cut but outlook in 2025 is less certainMarkets expect a 25bp rate cut at the FOMC meeting on December 18, 2024, amid strong U.S. economic data. However, the outlook for 2025 remains uncertain as inflation and growth trends evolve.
12:20, 17 December 2024
Pi Network coin price prediction: Third party price targetDiscover the Pi Network coin price predictions for 2025 onward, with analyst outlooks, price targets and CFDs trading strategies on Capital.com
12:20, 13 December 2024
Projected US interest rates in 5 years: Third party round upAs the US central bank starts its cutting cycle, what are the projected interest rates in 5 years?
08:24, 13 December 2024