- Index : Emerging Markets : Page 2
Emerging Markets
Investor demand to push gold price higher in 2004
- In December, the monthly average price of gold exceeded $400 per ounce, its highest level since 1996. Investment demand, driven by increasing global geopolitical risk and dollar weakness, helped propel the price of gold higher by over $70 per ounce in 2003.
- Thursday, February 19 - 2004 at 14:40 |
High global investment risk a boon for gold in 2004
- The median forecast for U.S. economic growth in 2004 is almost 4.5 percent, its strongest since 1999. Expectations for strong U.S. economic growth, and therefore global economic growth, this year have underpinned recent global stock market performance.
- Thursday, February 19 - 2004 at 14:30
Clash of expectations in Brazil
- The sharp appreciation of Brazilian investment assets this year reflects high expectations of investors for fiscal consolidation and economic rebound. These expectations are predicated on the surprising continuity of economic policy between the Lula and Cardoso governments.
- Thursday, February 19 - 2004 at 14:23
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