Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Latest Economic News

Gold has fallen to a minimum in six months

July, 06 2022

Gold prices collapsed below $1,750 an ounce for the first time since March last year. The current quote of the precious metal is $1,735.55 per ounce.Analysts say the main driver of the decline is the strengthening of the US dollar to a maximum in 22 years paired with the single European currency (the EUR/USD pair rate is 1.0163).Silver also shows a decline to $18,815. September palladium contracts fell to $1,882 per ounce, October platinum contracts fell to $854 per ounce.Aluminum on the London ... Read More

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Oil dropped below $100 for the first time since April

July, 06 2022

The price of Brent crude oil dropped below $100 per barrel for the first time since April 25. The... Read More

The strike in Norway ended after the authorities intervention

July, 06 2022

The strike of representatives of the oil and gas industry in Norway ended after the intervention of... Read More

Gas prices in Europe may rise to $2000

July, 05 2022

Experts suggest that the cost of natural gas in Europe may rise to $2,000 per thousand cubic meters... Read More