Day: November 3, 2024

📈 💰Gold demand rises in Q3 thanks to ETF inflows – Commerzbank. This week the World Gold Council released data on gold demand in the third quarter.

📈 Gold demand rises in Q3 thanks to ETF inflows – Commerzbank This week the World Gold Council released data on gold demand in the third quarter. 📊 Including over-the-counter trades, demand grew 5% year over year, reaching a record level for the third quarter. 🌟 The increase in demand was mainly due to gold ETFs, which recorded an influx of funds for the first time in 10 quarters. As a result, investment demand more than doubled compared to the same quarter last year, although purchases of bars and coins fell. 💍 Jewelry demand also continues to change, highlighting the variety of factors influencing the global gold market. We are monitoring the development of the situation! 🌍✨ submitted by /u/Yuriy_UK [link] [comments]

💥🚀 Possible Iranian attack on Israel pushes oil up – Commerzbank. Today, oil prices have increased by almost 2%.

🚨💥🚀 Possible Iranian attack on Israel pushes oil up – Commerzbank Today, oil prices have increased by almost 2%. 📈 The main reason for this increase was the message that Iran is planning an attack on Israel in the coming days. 🔍 According to Commerzbank commodities analyst Carsten Fritsch, this situation is causing uncertainty in the market and pushing prices up. submitted by /u/Yuriy_UK [link] [comments]