Markets By TradingView
6318
0

Goldman Sachs Forecasts Commodities Are Waiting For A Bull Market In 2021

Commodities are waiting for a bull market in 2021, forecasts the American investment bank Goldman Sachs.

Goldman Sachs Forecasts Commodities Are Waiting For A Bull Market In 2021
Yazar: Tom Roberts

Yayınlanma: 23 Ekim 2020 21:59

Güncellenme: 18 Kasım 2024 23:08

Goldman Sachs Forecasts Commodities Are Waiting For A Bull Market In 2021

Commodities are waiting for a bull market in 2021, forecasts the American investment bank Goldman Sachs. Goldman Sachs predicts that the weakening of the dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus from large central banks will support commodity prices rising sharply in 2021. The bank expects the S&P / Goldman Sachs Commodity Index (GSCI) to increase by 28% over 12 months, with precious metals up 17.9%, energy 42.6%, industrial metals 5.5% and agricultural commodities -0 , 8%. Expansive fiscal and monetary policies in advanced economies continue to keep interest rates low, supporting demand for precious metals as a hedge against inflation, the bank said. Goldman Sachs forecasts that the average price of gold in 2020 will reach $ 1,836 (€ 1,549.11) per ounce (31.1 grams) and $ 2,300 per ounce in 2021. The price of silver should increase to 30 USD per ounce next year from 22 USD per ounce this year. The spot price of gold at 13.01 h CET was at a loss of $ 7.60 or 0.39% to $ 1916.73 an ounce and the spot price of silver at a loss of 13 cents or 0.54% to $ 24.91 per ounce. Gold is generally considered a hedge against inflation and currency devaluation. This year it has already strengthened by 26%. It benefited from unprecedented global incentives and almost zero interest rates.
En Popüler Haberler

Yorum Yap

Yazılan yorumlar hiçbir şekilde Son Ekonomi Haberleri - Türkiye Dünya - ieconomy.io görüş ve düşüncelerini yansıtmamaktadır. Yorumlar, yazan kişiyi bağlayıcı niteliktedir.

Yorumlar

Henüz yorum yapan yok! İlk yorumu siz yapın...

Borsa, Kripto, Hisse, Emtia ve Döviz Haberleri

ieconomy: Türkiye'nin en kapsamlı ekonomi haber sitesi. Son dakika haberleri ve en güncel haberler ieconomy'da.