14 March 2025: 08:30 GMT
Gold! It’s going for top spot! $3000! Gold has been on a run, and we told you several times it would hit $3,000 per troy ounce and finally broke through this level for the first time in history. Safe haven flows have been gushing since the Trump tariff fiasco kicked off. Complement this with continued buying from central banks and governments around the world – including China – and you get one potent cocktail. A pretty bullish thesis. As debt piles up while governments around the world borrow more beyond their means, it is unsurprising people are looking for a store of value which protects them against potentially erratic currencies! Just wait for the fuse to burn down on the Molotov cocktail of sovereign debt! It’s a ticking time bomb.
In ‘The Officials’, Onyx Capital Advisory publishes outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.
We invite you to read our reports, which will initially be published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST).
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