... De-Dollarization Russia is preparing to launch a new trading platform for gold that will operate independently from the London Stock Exchange and the London Bullion Market Association (LBMA). This step effectively severs gold pricing from the dominance ... ... Pricing The primary strategic goal of establishing the new exchange is to "disconnect" the Russian gold market from the price benchmarks set in London. Historically, global gold prices have been determined through the London Gold Fixing and LBMA ...

... the interest rate on deposits is lower than the inflation rate, reducing the real value of savings. How to Protect Your Money from Inflation Investments: One way to shield your savings from inflation is to invest in assets that have the potential for price appreciation, such as stocks or real estate. However, it's important to keep in mind the associated risks and seek advice from financial professionals. Opening high-interest deposits : Currently, banks offer increased interest rates on deposits, which can partially protect ...

... Information Administration (EIA), which showed that global demand for oil, gas condensate, and other liquid hydrocarbons in Q2 2024 exceeded production by 720,000 bpd. "Due to the shortage on the global market, commercial oil and petroleum product stocks in OECD countries dropped by 28,000 barrels, which is almost 30% equivalent to the daily global demand. This, in turn, slightly boosted price growth: the average price of Brent oil increased from $82 to $85.3 per barrel from May to July 2024," added the CEO of Open Oil Market. He reminded that in August, oil prices fell below $80 per barrel. On one hand, the markets "adjusted" ...

... allow you to preserve the purchasing power of money. Without investing, over time, savings are corroded by inflation - rising prices, when the same amount can buy fewer goods and services in the future. By placing capital in various assets with a certain ... ... a way to invest indirectly. A specialized management company collects funds from many investors and invests them in a set of stocks, bonds or other securities according to a specific strategy. By purchasing a share of an open-end mutual fund (PIF) or ...

... A key indicator for the entire Eurozone. Germany's inflation level may influence future European Central Bank decisions. 189th OPEC Conference (15:00 MSK) The main event for the oil market. Production quotas will be discussed, directly affecting oil price dynamics. US: WASDE Report (20:00 MSK) The US Department of Agriculture report will provide important information on global stocks and production of agricultural crops. This may affect the commodity market. API US Oil Inventory Data (00:30 MSK) Preliminary oil inventory data will provide initial guidance before the more official EIA report. Key Tuesday Reports (US and Russia) ...