Gold market update: Saudi oil impact & investment insights

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 36 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 119%
  • Publisher: 78%

Kitco News Noticias

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Jeffrey Christian of CPM Group begins the presentation by providing historical context about the 1974 agreement between Saudi Arabia and the United States, detailing the economic and political landscape of the time. He explains how the agreement was aimed at enhancing trade and investment relations between the two nations, and why the perception linking the agreement directly to oil pricing and the use of U.S. dollars is incorrect.

Moving to the present day, Jeff examines the reasons why this decades-old agreement has resurfaced in discussions, particularly in the context of current global economic conditions and geopolitical shifts. He addresses the implications of these discussions for the gold market, and what it may or may not mean for your investments in gold, silver, and other commodities.

We started our business in 1986 predicated on the idea that commoditiesresearch and advice is best delivered by independent experts who do not work forbanks, brokers, mining companies, or any other entity that has interests thatcould conflict with the best interests of the clients receiving the research,analysis, and advice.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 13. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

'Gold companies are going to produce a lot of cash flow' - Equinox Gold's Greg SmithThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »