Gold Silver Reports (GSR) — WTI Algos Confused Despite Surprise Crude – Senior Energy Analyst Vince Piazza notes that a generous dollop of bad news is good news for the crude market. U.S. sanctions on Iran, Venezuela’s deteriorating economy and other potential geopolitical disruptions will limit supply.
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Crude Oil Hits New Highs, Greenback Turns to Fed’s Dot Plot for Guidance
The most popular topic across financial market headlines is the relentless appreciation witnessed in global oil prices after OPEC and Russia squarely rejected Donald Trump’s demand to boost output over the past weekend. Brent Crude has soared to levels not seen since November 2014 when it was.
सोने की कीमतें घटाने के लिए गोल्ड इंपोर्ट ड्यूटी में राहत नहीं मिलेगी
घरेलू बाजार में सोने की कीमतें घटाने के लिए गोल्ड इंपोर्ट ड्यूटी में राहत नहीं मिलेगी। सूत्रों से मिली जानकारी से ये साफ होता है कि …
Gold Prices Surge Today, Silver Rates Also Rise: FOMC In Focus
The two-day FOMC meeting begins Tuesday morning and ends Wednesday afternoon with a statement. The FOMC is expected to slightly raise U.S. interest rates at this meeting. Fed Chairman Jerome Powell will also hold a press conference after the meeting. As usual, the marketplace will parse the Fed’s wording for clues on the pace of future Fed rate hikes and the Fed’s inflation expectations.
Gold Futures Slip 0.14% on Weak Global Cues – Gold Silver Reports
In futures trading at Multi Commodity Exchange, gold for delivery in October was down Rs 42, or 0.14 per cent, to Rs 30,800 per 10 gram in a business turnover of 177 lots.
Crude Oil Prices could Rise to $100 a Barrel by 2019, Warn Merchants
Gold Silver Reports (GSR) – Almost 2 million barrels per day (bpd) of crude could be taken out of the market as a result of the U.S. sanctions against Iran by the end of the fourth quarter this year, said Daniel Jaeggi, president of commodity merchant Mercuria Energy Trading, making a crude price spike to $100 a barrel possible.
Gold Prices Set to Soar over Next 12 Months, Forecasts Bank of America
Gold Silver Reports (GSR) – Bullion could average $1,350 an ounce in 2019 as corporate tax reforms worsen the U.S. fiscal balance, Francisco Blanch, head of global commodities and derivatives research, said in a phone interview last week. Spot gold traded at $1,196.23 on Monday and has averaged about $1,285 this year.