After Saudi Arabia and other major oil producers announced voluntary production cuts, crude oil bull Goldman Sachs has raised its forecast for Brent crude oil prices by the end of 2023 from $90 to $95, and by the end of 2024 from $97 to $100. After Saudi Arabia and other major oil pr...
Goldman Sachs cuts its forecast for copper prices this year, citing rising global stocks and mounting worries regarding China's growth outlook, but says the...
Goldman Sachs expects the price of copper to be $8625 per ton in 2021 and $9175 per ton in 2022. Mar 02, 2021 02:22 PM (GMT+8) · EqualOcean Goldman Sachs expects the price of copper to be $8625 per ton in 2021 and $9175 per ton in 2022. This text is a result ...
Here's what could happen to oil, gold, and copper prices next. Dan Weil Updated: Mar 26, 2024 9:27 AM EDTStart Conversation Over extremely long periods – centuries – commodities prices are pure inflation hedges. That means their inflation-adjusted returns are ...
(Reuters) -Goldman Sachs said on Monday it is looking to spin out a blockchain-based technology platform designed to streamline institutional trading and reduce settlement times. The Wall Street titan said the platform, called GS DAP, will ultimately become "industry-...
Goldman Sachs forecasted that the iron ore price will drop further in the second half of 2023. The broker decreased the iron ore price from the current level by 20% to an average of US$90/ton for the period.Goldman Sachs lowered its iron ore price forecast due to falling margins for ...
Financial Associated Press, January 12 - Goldman Sachs raised the 12-month target price of aluminum, copper and zinc, the 12-month target price of aluminum to US $3500 / ton, the copper price target to US $12000 / ton and the zinc price target to US $4000 / ton....
The article reports on the maintenance by Goldman Sachs of its 11,000 U.S. dollars per tonne twelve-month copper price forecast on December 6, 2010 as prices hit all time highs on the London Metal Exchange. The company added that robust emerging market investment demand and improving ...
aug. 2, 2024 by reuters | aug. 2, 2024, at 10:37 a.m. save more hedge fund investor appetite wanes for high fees and private credit, says goldman sachs more reuters file photo: people walk around the financial district near the new york stock exchange ...
Global demand for critical minerals is growing rapidly. In the last five years, the critical minerals market doubled in size,to $320 billion, and is forecast to double again before the end of the decade. But even these rapidly growing figures understate the importance of the industry, as...