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Artificial Intelligence at the Core of Central Bank Discussions During IMF Meetings
SadaNews - Policymakers, already concerned about rising trade tensions and public debt inflation, are preparing to face a new worry next week: the risk of a financial market collapse.
Monetary policy makers and finance ministers from around the world will gather in Washington for the fall meeting...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East
SadaNews - Oil prices declined as traders focused on the easing tensions in the Middle East and rising U.S. inventories.
Brent crude fell below $66 a barrel after rising over 1% on Wednesday, while West Texas Intermediate stabilized near $62.
U.S. President Donald Trump stated that Israel and...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East
SadaNews - Oil prices have declined as traders focus on easing tensions in the Middle East and rising U.S. inventories.
Brent crude fell below $66 a barrel after rising more than 1% on Wednesday, while West Texas Intermediate crude stabilized around $62.
U.S. President Donald Trump stated that...
Slight Rise in Oil Prices as Markets Focus on U.S. Inventory Data
SadaNews - Oil prices rose slightly after a mixed report on U.S. inventories was released, as traders continued to focus on broader supply forecasts, with the "OPEC+" alliance maintaining its production increases and the expansion of U.S. output.
Brent crude climbed close to $66 a barre...
Gold Prices Approach $4,000 an Ounce
SadaNews - Gold prices have reached a new record level, approaching $4,000 per ounce, amid increasing uncertainty caused by the U.S. government shutdown and the political crisis in France.
Gold rose to $3,977.44 an ounce after a jump of 1.9% on Monday. The suspension of federal activities that be...
Gold Prices Rise Amid Increasing Demand for Safe Haven
SadaNews - Gold has recorded a new record level at the beginning of the week, approaching the threshold of 4,000 dollars per ounce, benefiting from investors' demand for safe havens amid the ongoing government shutdown in the United States.
The precious metal rose to 3,932.02 dollars per ounc...
Stability in Gold Prices After Record Surge
SadaNews - Gold prices stabilized following a five-day surge that saw consecutive record highs, coinciding with the start of the government shutdown in the United States, while traders increased their bets on interest rate cuts by the Federal Reserve after weak private sector employment data.
Spo...
Turkey Signs Gas Import Agreement with Mercuria Energy Group for 20 Years
SadaNews - Turkey's state gas company, Botas, has signed a 20-year liquefied natural gas (LNG) import agreement with Mercuria Energy Group Ltd., marking the largest deal yet in a series of new contracts.
Energy Minister Alparslan Bayraktar mentioned in a post on X that starting in 2026, Botas...
Gold Price Exceeds Recent Gains Supported by Market Expectations for Interest Rate Cuts
SadaNews - The price of gold maintained its recent gains, surpassing the $3700 per ounce mark for the first time ever, supported by market expectations for interest rate cuts in the Federal Reserve meeting on Wednesday.
The precious metal traded near $3694 per ounce on Wednesday morning, only abo...
Stability of Gold Price Near Its Peak Following Shocking Data
SadaNews - The price of gold stabilized just below its historical highs after unexpected data showed a decline in producer prices in the United States, bolstering expectations that the Federal Reserve will move towards easing monetary policy.
The price of an ounce recorded about $3,642, which is...