empty
09.01.2019 06:18 PM
Goldman Sachs predicts a decline in iron ore prices to $ 60

This image is no longer relevant

Experts of the American financial company Goldman Sachs Group Inc (NYSE: GS) believe that iron ore prices may fall to $ 60 per ton in the next six months.

Earlier, in December, the cost of iron ore increased by 11%, showing a record increase over the last year. At the same time, growth did not stop even against the background of news about the problems in the economy of China, the largest consumer of raw materials.

The current price of $ 75 per tonne, according to analysts at Goldman Sachs, cannot last for long. Firstly, because the growth of quotations was partly caused by the storage of the metal on the eve of the new year according to the Chinese calendar. Secondly, due to the increase in supply in 2019.

এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.