Other analysts and experts also see excellent prospects for the price of the precious metal, even if they do not go quite as high. RBC Capital Markets, for example, has raised its forecasts and sees the fourth quarter of 2020 as the strongest.

Gold prices seem to be approaching their all-time high. But what does silver do? At the moment, gold's brother metal is still far from its all-time high. We know from the past that silver has risen sharply in price in times of high inflation. On January 18, 1980, admittedly a long time ago, the troy ounce of silver cost almost 50 US dollars. In April 2020, the silver price was at its lowest level since 2009.

On 24 March, the gold market in Dubai was closed and on 26 April it was reopened, under strict rules of distance and hygiene of course. Still missing are the customers, who enjoy gold-plated sunglasses, evening dresses or crowns. "We expect to reach 50 per cent of business activity again by July or August," says Tawhid Abdullah, Chairman of the Dubai Gold and Jewellery Group.

Since the conventional shopping basket currently provides only a distorted picture, the scientists have recalculated the price development of food during the crisis. The "Big Mac Index" is always used to compare the currency with other countries. It checks the purchasing power. This is not currently available in the same way as it would otherwise be. Today the inflation development is of interest. So, the ingredients for a homemade chili con carne were examined. According to the results, the ingredients have become around six percent more expensive since the beginning of February.

Interestingly, during the Corona crisis, the sale of vehicles with combustion engines fell sharply, but not the sale of electric vehicles. Also, according to the World Bank, an extremely large amount of these raw materials will be used for power generation and energy storage. This is because the demand for raw materials for climate protection measures is growing enormously.

No sooner does an improvement in the corona crisis seem to be in sight than warnings of a second or even third wave are multiplying. There are new corona cases in Wuhan. Further trouble is probably coming from the trade dispute between the USA and China. China wants new negotiations, apparently sees President Donald Trump weakened and wants to turn this to its advantage. The world's largest economy is facing an economic slump that is not likely to be without consequences. And Trump has already threatened China with new punitive tariffs.

One pound of uranium currently costs almost 34 US dollars. Until mid-March, the price had been languishing at around USD 25 for a year. Uranium companies should be pleased

The Dow Jones Industrial 30 and the S & P 500, for example, achieved their best monthly performance since January 1987, and equity investors are now wondering how this trend will continue. Perhaps the economic blockade will lead investors to take a longer-term view of companies. The effects on the stock market and the economy are sailing in troubled waters, leading to volatility.

The goal is clear, it is about improved operational efficiency, cost reduction and opportunities to increase sales and profits. Last but not least, new methods also help in finding and investigating raw material deposits and they help to save energy. Stationary mining machines are easily operated electronically. This also increases the mining companies' investments in technological innovations.