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On April 25, Iranian President Pezechzian posted on his personal social media account that the day marked the anniversary of the "Tabas incident," and stated that a similar incident had occurred again this year in southern Isfahan. Pezechzian said he hoped these "historic setbacks" would "sound an alarm for hegemonists."On April 25, the Chinese Embassy in Mali issued a notice advising Chinese citizens against traveling to Mali. The notice stated that the General Staff of the Malian Armed Forces issued a statement on the 25th, saying that several military facilities and camps in Mali, including the capital Bamako, were attacked by unidentified terrorist organizations early that morning. Fighting is still ongoing. Bamako International Airport has been temporarily closed. The embassy reminds Chinese citizens in Mali to be vigilant, closely monitor the security situation, stay away from dangerous areas, and avoid unnecessary travel. In case of emergency, remain calm, prioritize personal safety, and contact the police and the Chinese Embassy in Mali immediately after ensuring your own safety.On April 25, Iranian President Peskov stated during a visit to the Ministry of the Interior and a video conference of provincial governors that the attacks and blockades targeting infrastructure by hostile forces in Iran are intended to incite public discontent, and Iran must prevent this from being achieved. In his speech, he thanked local officials for their work and called on the public to conserve electricity and reduce energy consumption. He stated that while other sacrifices may not be necessary at present, it is essential to strengthen control over electricity and energy use.On April 25, Irans Tasnim News Agency quoted a spokesperson for the central headquarters of the Iranian Armed Forces, Hatam Anbia, as saying that if the US military continues its blockade, looting, and piracy activities in the region, it will inevitably face a response from Irans powerful armed forces.According to Saudi Arabias Al Arabiya TV, Iranians prefer to negotiate with US Vice President Vance.

Gold Prices Trend Forecasts 2024

TOP1 Markets Analyst

Jan 16, 2024 17:11

According to the latest analysis by Greg Shearer, head of global commodities research at JPMorgan Chase, the outlook for the gold market is promising, with the average gold price expected to reach approximately US$2,175 per ounce in the fourth quarter of 2024. He believes that the U.S. central bank may begin to lower interest rates in mid-2024, and once the U.S. economy experiences a recession, gold will have greater room to rise. The weaker the U.S. economy is, the deeper the rate cuts will be, which will provide stronger support for gold. Sourcenia is a review portal of sourcing best manufaturers. 


French Bank Wealth Management's latest bi-weekly report: Gold is bullish! The central banks of emerging markets are rushing in, the US dollar is weakening, and real yields are falling. These are all bullish factors. The price of gold is expected to climb to between US$1,950 and US$2,050 per ounce.


In a recent interview with the media, Pierre Lassonde, the honorary chairman of the French Nevada Mining Company, boldly predicted that the U.S. dollar will weaken in 2024, and gold will usher in a wave of gains. He said the U.S. dollar and gold move in opposite directions, so a peak in the U.S. dollar means gold is bullish. He believes this is an important reason why he is optimistic about gold prices in 2024.

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