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Russia may accept local currencies or Bitcoin for its oil, gas: Official
- ‘Friendly countries’ can also buy natural gas with gold, says chairman of State Duma Committee on Energy
US Federal Reserve keeps interest rate unchanged
- ‘Progress on vaccinations has reduced the spread of COVID-19 in the US,’ central bank says
17.06.2021
Americas
US Fed expects higher inflation in 2021
- Central bank indicates interest rate will increase in 2023
17.06.2021
Americas
US Fed chair says notable inflation increase is temporary
- ‘Household spending is rising at a rapid pace,’ says Jerome Powell
17.06.2021
Americas
US stocks open higher, Treasury yields recover amid rising inflation
- Despite rising inflation, investors continue to have strong risk appetite
11.06.2021
Americas
Turkey needs $10B venture capital for gold exploration, development
- Country's gold production is estimated to reach at least 45 tonnes by year-end
08.05.2021
Turkey
US stocks higher as volatility falls, dollar rises
- Tesla CEO Elon Musk says electric carmaker has started accepting Bitcoin for payment
US Federal Reserve keeps interest rate unchanged
- Fed removes 'moderation' in pace of economic recovery, adds 'indicators have turned up recently'
US Fed improves economic, unemployment projections
- Central bank forecasts economy to expand 6.5% in 2021, up from 4.2% in December
18.03.2021
Americas
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US stocks open higher with weak inflation data
- Anemic consumer prices calm investors’ concern about possibility of rising inflation
Turkey eyes new record in gold production by 2021
- 'We intend to meet our objectives of producing 100 tonnes in next 5 years,' says Turkish Gold Miners Association President
US stocks open with records as metals, oil on rise
- House Democrats to later announce support for families with at least $3,000 per child as part of Biden's relief plan
Turkey discovers 1.92 million ounces of gold in Bilecik
- Located in northwestern Turkey, new gold reserves are predicted to produce 6-7 tons of gold per year
Turkey's gold production set to break records in 2021
- Despite pandemic, production target is achieved by prioritizing work safety and environmental responsibility
Turkey's gold output reaches record high in 2020: Min.
- Annual production of 42 tonnes last year marks highest level in history of Republic of Turkey
07.01.2021
Turkey
US initial jobless claims rise more than expectation
- Dollar index continues to lose value; low interest rates and borrowing costs lead investors to precious metals
US Fed keeps interest rate unchanged
- Central bank says economic activity, employment remain well below pre-pandemic levels
US Fed Chair: Path ahead ‘highly uncertain’ for economy
- Employment, overall economic activity remain well below pre-pandemic levels, central bank head says
Oil mixed as US dollar plunge ends and virus cases rise
- After recording lowest rate since June 2018, US dollar index was up 0.3% with $1 trillion stimulus package introduced in US
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Oil prices head for 1% weekly gain with weak US dollar
- US dollar index declines in 10 of last 11 trading days, offering cheaper prices for oil importers and raising their demand
Oil prices steady as weak dollar balances low demand
-Importers benefit from weak US dollar which hit lowest level since Sep. 2018 to offset low demand from rising COVID-19 cases
Oil prices up as weak US dollar spurs higher demand
- US dollar index at lowest level of four and a half months
Oil ends rally with forecast rise in US crude stocks
- Crude prices soared by more than 2% on previous session with US dollar index hitting lowest level since March
Fitch lowers precious metal price estimates for 2020
- Rapid spread of coronavirus weakens short-term global economic outlook, commodity demand, rating agency says
Oil down despite second US Federal Reserve rate cut
- Central bank also launches $700 billion quantitative easing program to support economy
Guinea: At least 8 killed in landslide at gold mine
- Many miners reportedly remain trapped under the rubble as search and rescue operations continue, says local media
Oil down as Fed warns against virus impact on growth
- "There is likely to be some disruption to activity in China and globally," Fed Chair Powell says
Turkey set to break 2019 record in gold output in 2020
- Turkey has gone from zero production in 2000 to become the biggest producer in Europe: Turkish Gold Miners Assoc. President