Top 5 most populous megacities worldwide
The United Nations has released fresh data on the most populous cities in the world. Let's take a look at the top megacities by population.
Basic scenario ($1,900 per troy ounce)
According to the basic scenario from Société Générale, which covers the first part of 2022, gold prices will remain near $1,900 per troy ounce. This year, gold failed to show good performance even amid low interest rates and high inflation. That is why most analysts do not foresee any growth in the prices of the precious metal. Economists suppose that the key interest hike by the Fed and extremely high inflation may support gold. The likelihood of such a scenario totals 50%.
Gold prices to support global economy ($1,700 per troy ounce)
According to the second scenario, gold is likely to trade at $1,700 per troy ounce, thus boosting the global economy. Gold prices are expected to show a bearish trend. The probability of this prediction is 25%. The forecast presupposes a rapid rise in the global economy and successful combat against Covid-19 and its new strains. If the prediction comes true, investors may switch to safe-haven assets, including gold. As a result, gold prices may drop.
Unfavorable scenario for global economy
The third scenario is the most unfavorable for the global economy. However, it is really positive for gold since its price could jump to $2,100 per troy ounce. The likelihood of this scenario is also 25%. Against such negative economic conditions, central banks will have to stick to ultra-loose monetary policy. Thus, demand for the precious metal may surge.
The United Nations has released fresh data on the most populous cities in the world. Let's take a look at the top megacities by population.
Deepfake is a technology based on artificial intelligence to create ultra-realistic fake videos, audio, and images featuring real people. In recent years, it has gained incredible popularity, evoking both admiration and concern. Celebrities, whose faces are often used for such purposes, have felt its impact most acutely. In this article, we will discuss five of the most "deepfaked" individuals who have become the main victims of this emerging technology.
The biggest news of recent days has been Donald Trump's victory in the US presidential election. This event has caused a stir around the world, reminding us of the significant role a US president plays in both national development and international affairs. Throughout US history, several presidents have dramatically reshaped the country's domestic landscape and strengthened its influence abroad. Let's take a look at some of the most influential