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Bringing you daily news about the Metals & Oil sector. Also giving you trading tips and stock reviews.
Recent Posts Tagged With 'oil'
Gold falls in NY as Euro, Oil declines from records; Silver and Copper Slide
Gold fell to the lowest in almost three weeks after energy costs declined and the euro eased from a record against the dollar, eroding the precious metal’s appeal as an alternative investment. S...
Roundup: Gold closes at 28 year high, oil sets new record
What a week again for the markets! Both gold and oil hitting highs and the stock markets seeing increased volatility! Spot gold ended the week at $783.5, adding another 2.15% over the previous day. I...
Oil & Gold up
Welcome back for the ‘End of Day’ update! Since the intermediate update, oil continued to rise and closed for today at $87.10, an increase of 2.15%. This nice run was because of the invent...
Intermediate market update
Gold is up slightly, $1 at $760. Oil is ending its losing streak with an upswing to $86.74 currently, up 1.72%. This is because the inventory update was not what was generaly expected. Instead of the ...
Gold shining, oil continues pullback
Mixed message today. Gold rose largely because of renewed dollar weakness against the euro (gold generally moves in the opposite direction of the dollar). The public is speculating the Fed might drop ...
Oil dropping, gold falling
Today Oil dropped to $86.02, losing $0.93 or 1.07% as concern eased that a Turkish assault on Kurdish militants in northern Iraq would happen soon. The Turks were prepared again to try for a diplomati...
Market Outlook for Monday, October 22
Last friday was a “black” one. The general stock market made some big declines and the big question is if we are going to see follow through today. I think it’s very likely we see mo...
Oil prices racing towards $101 peak of 1980
Found a good article on the recent situation: By Syed Rashid Husain Dawn RIYADH, Oct 20: Crude oil breached the $90 mark in New York for the first time, closing in dangerously on the inflation-adjuste...
Oil hit a record, gold stable
Overnight crude oil futures hit a new record at $90.07, but since then pulled back slightly and closed at $88.60 (-1%) on some profit taking. Oil prices are expected to resume a steady climb upwards. ...