Gold Silver Reports – Crudeoil rallied as much as 3% on Wednesday with Brent prices helped by news of stalled loadings for the United Kingdom’s North Sea oil while U.S. crudeoil futures rose after strong demand for gasoline offset worries about record high crude inventories.
Gold Silver Rports – Gold zoom above $1250 an ounce and neared a 1-year high on Wednesday, acting as counter against risk alongside top-rated government bonds as oil’s earlier weakness rippled into global equity markets.
Today, Go Ahead and Treat Yourself
Gold Silver Reports → Gold may rally to as much as $1,400 an ounce should risk aversion intensify, who dubbed bullion a “superman” when Flying his report for 2016.
Gold Silver Reports → Crude Oil tumbled after the Iranian Oil Minister said that an agreement by Saudi Arabia and Russia last week for crudeoil producers to freeze output was “ridiculous.”