Tag: Prices
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African economic growth threatened as oil prices surge
High oil prices, driven by the Middle East war, are threatening African economic growth and increasing costs for everyday goods and transport. Regional energy experts warn this could cut three percentage points off continental growth. Rising prices are straining household budgets and pushing up inflation, with many African countries having low fuel reserves. Solutions like…
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Bitcoin is falling while Gold is hitting record highs…
Updated U.S. inflation data for July, August, and September (PCE) is expected to be released today, which could change the situation for BTC. ➠ Current picture:▪️ BTC: -30% from ATH.▪️ Gold and Silver: new all-time highs.▪️ S&P 500 and Nasdaq: just a step away from ATH. ➠ Defensive assets are overheated▪️ Gold is trading +25%…
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🇿🇼 Zimbabwe’s Gold Deliveries Up 37% in First Nine Months of the Year: Fidelity Gold Refinery Data
This increase to 32.98 tonnes, coupled with a monthly average of 3.66 tonnes, puts Zimbabwe on track to surpass its ambitious 40-tonne gold target for the year, local media reported. Small-scale miners are driving national gold production, delivering 24.5 tonnes by September – a significant increase from 14.6 tonnes the previous year. They now account…
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