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Bank of America: Gold Price Could Reach $6000 by Mid-2026
SadaNews Economy - Bank of America expects that the price of an ounce of gold will reach $6000 by mid-2026
Analyst Michael Hartnett from Bank of America wrote in a memo to clients: "History is not a guide to the future, but the average increase in gold during four upward cycles was about 300% over...
Dispute Over Gas Price Between Egypt and "Eni" Delays Expansion in "Zohr" Field
SadaNews - The Egyptian government rejected the request of the Italian company "Eni" to increase the price of purchasing new gas from the "Zohr" field by 54% to over $10 per million British thermal units, a level that exceeds the average prices for importing liquefied natural gas, according to a gov...
Exchange Rates of Currencies Against the Shekel on Sunday (January 25)
SadaNews - The exchange rates of currencies against the shekel today Sunday (January 25) are as follows:
ترمب يهدد كندا برسوم بنسبة 100% بسبب الصين
Exchange Rates of Currencies Against the Shekel (January 24)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (January 24), are as follows:
- Dollar: 3.13
- Dinar: 4.42
- Euro: 3.71
From Davos: How Do Three Decision Makers View the Future of the Global Economy?
SadaNews - At the conclusion of the World Economic Forum in Davos, while many were preoccupied with the sensational headlines about tariffs and artificial intelligence, three of the most prominent women in the global economy agreed on a single message: the importance of a close reading of the figure...
Intel Shares Plummet Over 10% After Disappointing Revenue Forecasts
SadaNews Economy - Struggling American chipmaker Intel is facing a slowdown in its restructuring efforts due to supply chain bottlenecks.
Its revenue forecasts, which ranged between $11.7 billion and $12.7 billion for the current quarter, disappointed Wall Street on Thursday, leading to a drop in t...
Rising Gold and Silver Prices Globally: What Could Halt Their Surge?
Economy SadaNews - Over the centuries, gold has been a safe haven during times of political and economic instability, as its status as a highly valuable and easily transportable and sellable commodity provides a sense of security amidst turmoil.
The price of an ounce of gold reached $4,955 on Frida...
"TikTok" sells majority stake in U.S. operations to non-Chinese investors
SadaNews Economy - The Chinese company "ByteDance", owner of the "TikTok" application, finalized a deal last Thursday evening to establish a joint venture with American partners owning the majority stake, in order to avoid a ban on the popular social media app used by over 200 million Americans.
Th...
Currency Exchange Rates Against the Shekel (January 23)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (January 23), are as follows:
- Dollar: 3.13
- Dinar: 4.41
- Euro: 3.68
Hebrew Newspaper: Israel Is Still Delayed in the Rollout of 5G Technology
SadaNews Economy Translation - A report by the Hebrew economic newspaper Globes stated on Thursday that Israel is still lagging behind the world in the rollout of 5G technology.
According to the Internet speed index issued by Ookla, Israel ranks 63rd among 104 countries in mobile internet speed.
T...
