Gold prices moved sideways edging slightly higher following the news over the long weekend that President Trump had signed the US government stimulus bill.
- Goldman Bullish On Oil, Relief Package
- Hassan Taftian wins gold at Meeting Elite Indoor
- Araghchi, US Must lift sanctions before returning to the JCPOA
- Gold Markets Pullback Towards the Weekend
- Zarif to embark on Eurasian tour
- Tehran, Bangkok to Work Together to Tackle COVID-19 Impact on Culture, Art
- Tehran, Moscow Urged to Launch Joint Trade, Industrial Holdings
- Japan Keen to Expand Ties With Iran
- Iran Oil Product Exports Hit Record High Despite Sanctions
- Preferential Tariffs to Boost Trade Level Between Tehran and Hanoi
- Denmark Welcomes Boosting Cooperation
- Iran Has Highest Level of Transit to Afghanistan
- Iran Blocks Saudi Regime, UAE From Joining UN Disarmament Talks
- Gold flatlines around $1840 as markets look forward to Biden inauguration
- Saudi Arabia’s Oil-Market Pessimism Vindicated
Oil prices will be supported this year by the upcoming massive economic stimulus package in the United States and the low probability of much Iranian oil returning to the global market, according to Goldman Sachs.
The crisis has created many obstacles to growth, but also some opportunities.