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Musk: As you can see, I just arrived at the event in a Cybercab. There are 20 more of them on the road. As you can see, theres no one driving. We have 50 cars that can drive fully autonomously.The live broadcast showed that Musk arrived at the Robotaxi event in a two-door vehicle.Tip: Tesla Robotaxi launch conference officially begins.Futures News on October 11, according to Mysteel, under the continuous stimulation of macro-favorable policies, the operating pressure of black varieties has been greatly alleviated, and favorable expectations continue, but under the markets expectation of rising sentiment and enthusiastic trading atmosphere, short-term expectations may not reach the height required by the market. And it should be noted that although the current data has improved, the actual fundamentals are still weak, and it is necessary to be vigilant against volatile market conditions. This week, the operating rate and capacity utilization rate of electric arc furnace steel companies increased significantly, the basic profit returned to positive values, and the production enthusiasm was strong. Under the guidance of later policy benefits, the progress of steel mills resumption of production will continue. It is expected that the operating rate and capacity utilization rate of independent electric arc furnace steel companies will continue to rise next week, but subject to the fundamentals, the amplitude will be reduced.Futures News on October 11, as of October 9, Mysteel surveyed 87 independent electric arc furnace steel mills across the country, with an average operating rate of 65.26%, a weekly increase of 1.85%, a monthly increase of 8.01%, and a year-on-year decrease of 2.75%; the capacity utilization rate was 48.06%, a weekly increase of 3.35%, a monthly increase of 11.31%, and a year-on-year decrease of 1.36%. This week, the operating rate and capacity utilization rate of electric arc furnaces increased significantly, the macro-favorable policies continued to increase, the prices of finished products and the transaction volume quickly improved, the profit recovery process of electric arc furnace steel companies accelerated, and the market had strong confidence in the future market, which prompted electric arc furnace steel companies to resume production in the near future and increase production enthusiasm.

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.