Finance | 4 March, 2025 at 11:26 AM
Gold Rush 2.0: Ultimate safe haven in face of geopolitical fragmentation
Gold continues to be a key safe-haven asset resulting in sustained upward pressure on prices.
Gold continues to be a key safe-haven asset resulting in sustained upward pressure on prices.
The president of the AEI believes that although crude oil prices in 2025 may remain at the price level of this period, the pump price will increase as a result of tax increase.
In the last two decades, the price of gold has risen by over 800%, and from the start of this years, it has continued to climb constantly.
Four companies alone hold almost two-thirds of the world's grinding capacity, and ten companies, all in advanced economies, share more than 40% of the retail confectionery market.
Tavex experts recommend holding investment silver for at least five years to achieve a return above the rate of inflation.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.