The Brazilian real emerged as a star performer in September 2024, marking its strongest month against the U.S. dollar since June 2023. Despite a slight uptick on the final trading day, the dollar recorded a 3.30% decline against the real over the month. September 30th saw typical end-of-month volatility as traders positioned themselves for the […]
Related Posts
Navigating the Complex Terrain of African Mining
As a key player in the global economy, Africa’s mining industry faces various challenges in 2024. These include economic dependencies, environmental impacts, technological advancements, and geopolitical influences. Economic dependence is a major concern, as many African nations rely heavily on mining. For example, 24 of the 54 African countries depend on mineral products for over […]
Gold’s Steady Climb in a Turbulent World
As dawn broke on Thursday, gold prices subtly yet significantly rose to $2,398.00 per troy ounce at the Comex division of the New York Mercantile Exchange. Despite nearing the $2,400 mark, the metal kept its appeal, boosted by its role as a refuge during global unrest. The recent U.S. sanctions on Iran, following its attack […]
