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The "Golden Age" of Gold! Goldman Sachs Eyes $3,700 Gold Price by 2025 as Gold Mining Stocks Double
Following a surge of over 20% year-to-date, major financial institutions, including Goldman Sachs, JPMorgan, UBS, and Deutsche Bank, are forecasting continued gains in international gold prices into 2025, with some gold mining stocks already doubling in value this year.
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $61.05 per barrel, down from Friday’s close at $61.13. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.28 after its previous daily close at $64.45.
Fxstreet
Mon, Apr 14
China urges UK to treat Chinese firms fairly after move on British Steel
BEIJING, April 14 (Reuters) - China's foreign ministry on Monday urged the United Kingdom to treat Chinese companies investing and operating in the country fairly, in response to Britain's move to take control of British Steel from its Chinese owner. The two sides should solve the issue thro...Reuters
Mon, Apr 14
METALS-LME copper hits over one-week high on softer dollar, China stimulus hopes
April 14 (Reuters) - Copper prices in London hit a more than one-week high on Monday, as a softer dollar and hopes of further stimulus from top consumer China boosted market sentiment.The benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.7% at $9,219.5 a metric ton as of...Reuters
Mon, Apr 14
South Korea sees Trump starting tariff talks with Seoul, Japan and India, Yonhap says
SEOUL, April 14 (Reuters) - South Korea's acting President Han Duck-soo said on Monday U.S. President Donald Trump appeared to have directed talks on tariffs to begin immediately with South Korea, Japan and India, Yonhap News Agency reported.Han also said he expected there to be a video meeting ...Reuters
Mon, Apr 14
Goldman Sachs raises end-2025 gold price forecast to $3,700/oz
April 14 (Reuters) - Goldman Sachs raised its end-2025 gold price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and higher exchange-traded fund inflows due to recession risks. "If a recession occurs, ETF...Reuters
Mon, Apr 14
GRAINS-Dollar-driven rally in corn, wheat and soybean pauses
CANBERRA, April 14 (Reuters) - Chicago wheat, corn and soybean futures gave back some ground on Monday after a fast-weakening dollar triggered rapid gains last week by making U.S. farm goods more competitive on the global market.U.S. President Donald Trump's tariff policies have hammered the dol...Reuters
Mon, Apr 14
South Korea sees Trump starting tariff talks with Seoul, Japan, India, Yonhap says
SEOUL, April 14 (Reuters) - South Korea's acting President Han Duck-soo said on Monday U.S. President Donald Trump appeared to have directed talks on tariffs to begin immediately with South Korea, Japan and India, Yonhap News Agency reported.Han also said he expects there to be a video meeting b...Reuters
Mon, Apr 14
TC Energy completes pipeline repairs in Michigan following gas leak
April 14 (Reuters) - TC Energy TRP.TO said late last week it had completed repairs to a section of the ANR Pipeline system shut down near Fennville, Michigan, because of a leak, causing a natural gas outage in the region. "Natural gas service has now been restored to Michigan Gas Utilities, ...Reuters
Mon, Apr 14
Gianluigi Aponte’s Family-Run Business Is Emerging As Lead Investor Of A Group Seeking To Buy 43 Ports From Hong Kong's Li Ka-Shing - Bloomberg News
April 14 (Reuters) - GIANLUIGI APONTE’S FAMILY-RUN BUSINESS IS EMERGING AS LEAD INVESTOR OF A GROUP SEEKING TO BUY 43 PORTS FROM HONG KONG'S LI KA-SHING - BLOOMBERG NEWSSource text: [https://tinyurl.com/yckmcy9m]Reuters
Mon, Apr 14
COLUMN-Gold is an uncertain certainty amid Trump tariff turmoil: Russell
By Clyde Russell LAUNCESTON, Australia, April 14 (Reuters) - As U.S. President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs.The precious metal reached a fresh peak of $3,245.28 an ounce on April 11 and has climbed 28% ...Reuters
Mon, Apr 14
Russian moratorium on energy strikes will depend on Putin, Kremlin says
April 14 (Reuters) - The decision whether to extend the U.S-brokered moratorium on strikes on energy facilities by both Russia and Ukraine will depend on President Vladimir Putin and possible talks with the U.S., TASS agency cited Kremlin's spokesman as saying on Monday. "The moratorium was ...Reuters
Mon, Apr 14
China's March copper imports fall as higher US prices attract more shipments
SHANGHAI, April 14 (Reuters) - China's imports of unwrought copper and copper products in March declined 1.4% from a year earlier to 467,000 metric tons, data from the General Administration of Customs showed on Monday.For the first three months in 2025, copper imports were down 5.2% at 1.37 mil...Reuters
Mon, Apr 14
PRESS DIGEST-British Business - April 14
April 13 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Providence Equity Partners, an American private equity firm advised by Lord Coe, has fallen short of its investm...Reuters
Mon, Apr 14
WTI trades with negative bias just above mid-$60.00s amid mixed fundamental cues
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday's modest gains and attract fresh sellers near the $61.60 area at the start of a new week. The commodity currently trades around the $60.70-$60.65 region, down over 0.50% for the day, though it lacks follow-through...Fxstreet
Mon, Apr 14
Goldman Sachs expects oil prices to decline through 2026
April 14 (Reuters) - Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.The bank expects Brent and WTI oil prices to edge down, averaging $63 and $59 a barrel, respectively...
Reuters
Mon, Apr 14
Motiva Port Arthur, Texas Refinery Reports Maintenance Activity
April 13 (Reuters) - MOTIVA ENTERPRISES MOTIV.UL:REPORTS MOTIVA PORT ARTHUR WILL BEGIN MAINTENANCE ACTIVITY 3/20/25 1300 RESULTING IN INCREASED ACTIVITY AND FLARING NOT TYPICAL OF NORMAL OPERATIONSSOURCE: COMMUNITY ALERTREFINERY CAPACITY: 626,000 BARRELS PER DAYReuters
Mon, Apr 14
PRESS DIGEST- Financial Times - April 14
April 14 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK suspends import tariffs to ease strain for British businesses- UK races to secure coal to keep British Steel furnaces operating- N...Reuters
Mon, Apr 14
Motiva Port Arthur, Texas Refinery Reports Process Upset
April 13 (Reuters) - MOTIVA ENTERPRISES MOTIV.UL:REPORTS ON APRIL 12,2025, AT APPROXIMATELY 19:28 HOURS, THE PORT ARTHUR MANUFACTURING COMPLEX (PAMC) EXPERIENCED A PROCESS UPSET AT ITS MOTIVA REFINERY REPORTS LOSS OF BOILER FEEDWATER PUMP AT THE FLUID CATALYTIC CRACKING UNIT (FCCU), RESULTING IN PRO...Reuters
Mon, Apr 14
