Spot Gold Watch in 2019

Spot Gold Watch in 2019

Spot Gold Watch in 2019 – Golden Opportunity – Gold bulls seized the initiative in the final months of 2018 and there’s plenty to suggest the haven may hold up.

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Crude Oil

Breaking News – Saudi Arabia to cut output by 900,000 Barrels a day in January – Neal Bhai Market Analyst

Gold Silver Reports (GSR) – Futures rose above $52 a barrel in New York. The industry-funded American Petroleum Institute was said to report U.S. crude supplies fell 10.2 million barrels last week, according to people familiar with the data. Earlier, oil settled higher on renewed optimism that announced production cuts from the OPEC+ coalition will re-balance global markets, while Libya’s biggest field remained shut, taking supply off line.

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As Oil Plunges, the Real OPEC Meeting Will Be at Next Week’s G20 – Money Market Guru

https://www.moneymarketguru.com/crude-mcx-tips/2018/11/24/as-oil-plunges-the-real-opec-meeting-will-be-at-next-weeks-g20/

For the oil market, it looks like the real OPEC meeting will come a week ahead of schedule.

The cartel is set to meet on Dec. 6 in Vienna, but days earlier the key decision makers are set to gather on the sidelines of the G20 summit in Buenos Aires in a meeting that may well decide the direction of oil prices in 2019.

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Popularity of India Stocks Over Past Decade Adds to Outflow Risk

Gold Silver Reports (GSR) – Monsoon season may be over, but India’s investors are at risk from a different kind of flood. — Indian stocks have been the biggest emerging-Asian beneficiaries of the wave of liquidity that swept over world markets in the wake of the global financial crisis, That may also make them the most vulnerable, now that the waters are receding.

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Crude Oil MCX

Crude Oil Imports may be Cut as Price Forecast Put at $100 a Barrel

With Brent crude already jumping to an almost four-year high on Monday, that’s exactly the kind of price surge President Donald Trump has been seeking to prevent by pressuring the Organization of Petroleum Exporting Countries to raise production. Yet the cartel and its allies gave mixed signals at a meeting in Algiers on Sunday, ultimately showing little sign they would heed U.S. demands to rapidly push down crude prices.

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