TAVEX

TAVEX

Fundamental Analysis Australia raised interest rates first time in a decade. Australia’s central bank has hiked interest rates in more than a decade for the first time. On Tuesday, the Reserve Bank of Australia (RBA) hiked the benchmark interest rate from 0.1 percent to 0.35 percent. Millions of Australians will potentially face higher repayments on their...

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Fundamental Analysis Hedge funds become bearish on gold and silver The Federal Reserve’s impending interest rate hike, which has driven the U.S. dollar to a nearly 20-year high, is prompting gold investors to reduce their bullish positioning, according to the latest trade data from the Commodity Futures Trading Commission. Analysts have noted that the...

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Fundamental Analysis Bank of America has a positive outlook for Silver for 2022 The demand for the solar power sector and the growing importance in the auto sector will be two critical factors driving the silver price for the next three years, said Bank of America . • Solar power sector - Demand headwinds have been gradually tailing off, and silver usage...

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READ ALL THE FUNDAMENTAL & TECHNICAL ANALYSES @www.tavex.se Fundamental Analysis April will be a rather data-heavy month, meaning there are French presidential elections, interest rates, and FOMC meetings, which all potentially affect precious metal prices in different currencies. Let's start with fundamental news, potentially affecting gold prices to move,...

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READ ALL THE FUNDAMENTAL & TECHNICAL ANALYSES @www.tavex.se Gold & Silver ratio In terms of commodities, silver has lived in gold's shadow and, more often than not, moved in correlation with gold prices. Currently, the gold price is moving away from silver in terms of gold&silver ratio. The gold and silver ratio average has considered being 58.4. The highest...

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READ ALL THE FUNDAMENTAL & TECHNICAL ANALYSES @www.tavex.se The tensions on a global scale are still very high and 2-weeks after the Russian invasion of Ukraine and countless sanctions against Russia, the war is starting to show major impact on all sectors of the financial market. Goldman Sachs sees gold price @2500 USD/oz by the end of 2022 “The last time...