
Top 5 most influential women in global business
CEOWORLD Magazine, one of the world's premier business publications, has released its latest ranking of the most influential women in international business. Let's take a look at the top five
Basic scenario ($1,900 per troy ounce)
According to the basic scenario from Société Générale, which covers the first part of 2022, gold prices will remain near $1,900 per troy ounce. This year, gold failed to show good performance even amid low interest rates and high inflation. That is why most analysts do not foresee any growth in the prices of the precious metal. Economists suppose that the key interest hike by the Fed and extremely high inflation may support gold. The likelihood of such a scenario totals 50%.
Gold prices to support global economy ($1,700 per troy ounce)
According to the second scenario, gold is likely to trade at $1,700 per troy ounce, thus boosting the global economy. Gold prices are expected to show a bearish trend. The probability of this prediction is 25%. The forecast presupposes a rapid rise in the global economy and successful combat against Covid-19 and its new strains. If the prediction comes true, investors may switch to safe-haven assets, including gold. As a result, gold prices may drop.
Unfavorable scenario for global economy
The third scenario is the most unfavorable for the global economy. However, it is really positive for gold since its price could jump to $2,100 per troy ounce. The likelihood of this scenario is also 25%. Against such negative economic conditions, central banks will have to stick to ultra-loose monetary policy. Thus, demand for the precious metal may surge.
CEOWORLD Magazine, one of the world's premier business publications, has released its latest ranking of the most influential women in international business. Let's take a look at the top five
There are over 250,000 species of flowers in the world. Some of them belong to rare species of flora and are a true treasure for biologists. Let's take a look at these extraordinary representatives of the plant world and fully appreciate their unique beauty.
India, a fascinating Asian country, captivates with its vibrant culture and ancient history. Many travelers dream of visiting to witness the contrast between Eastern and Western traditions. Let us take you on a journey through some of the most extraordinary locations in vibrant India.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.