Commodity market

Gold

Gold prices have surpassed $2400 per ounce, growth to continue amid geopolitical risks

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Gold

Gold continues to rise, reaching $2276.9 per ounce in anticipation of a Federal Reserve interest rate cut

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Hydrogen

Canada and Germany have struck a hydrogen trade deal, aiming to reduce reliance on Russian oil

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Wheat

Lithuania tightens inspections of grain imports from Russia and occupied territories following Ukraine's statements on illegal export

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Gold bars

Gold imports to India in February increased to $6.2 billion, a growth of more than 2.3 times compared to the same period last year

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Gold bars

The cost of gold increased by 0.5%, silver by 2.6%. The rise in precious metals is related to the falling dollar and inflation expectations

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European Parliament

The European Parliament approved the extension of duty-free trade with Ukraine and Moldova until June 2025, demonstrating support for the countries

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Oil rigs

The US Department of Energy raised its Brent cost forecast for 2024-25 due to the extension of OPEC+ restrictions

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Oil pump jacks extracting crude oil at sunset

Saudi Arabia may continue production cuts until 2024