Bullish on 2024: Navigating cyclical peaks and commodities surge

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Bullish on 2024: Navigating cyclical peaks and commodities surge
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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

The energy sector, specifically oil, could see dramatic price shifts depending on geopolitical events, such as the Israel-Hamas conflict's impact on the oil supply. The World Bank has warned that oil prices could surge to $150 per barrel if regional conflicts escalate, significantly affecting global supply.Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.

In 2012, Jeremy ventured into his own digital media project, creating The Green Scene Podcast, swiftly gaining over 400,000 subscribers and establishing himself as a key voice in the emerging cannabis industry. Following this success, he launched Investor Scene and Initiate Research, news platforms providing exclusive market insights and deal-flow opportunities in mining and Canadian small-caps.

The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.

-The gold market is holding its ground near record highs as the European Central Bank continues to hold interest rates unchanged.In a much-anticipated move the ECB said it would leave interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 4.50%, 4.75% and 4.00% respectively.The gold market is not seeing much movement in initial reaction to the latest monetary policy decision. Spot gold last traded at €2,177.

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