Search Results for: Gold prices
Oil Prices Slip on Risk Aversion as Trump Takes Lead
November 9th, 2016
Crude-oil prices continued to sink in early afternoon Asia trade on Wednesday as Republican nominee Donald Trump appeared on his way to a possible stunning upset in the U.S. presidential race, sparking jitters across global equities and commodities. The ...
Oil prices bounce back after week of sharp falls
November 7th, 2016
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early August because of ongoing weak fundamentals. International Brent crude oil ...
Gold Climbs as Vote Jitters Hit U.S. Stock Futures, Mexican Peso
November 3rd, 2016
Polls point to a close race ahead of presidential election Bullion, yen boosted by haven demand as dollar extends slide Investors are becoming more jittery amid a tightening race for the U.S. presidency, sending gold higher for a sixth ...
Asia Stocks Drop With Mexican Peso as Election Angst Boosts Gold
November 2nd, 2016
Havens buoyed after poll shows Trump edging ahead of Clinton Kiwi climbs after jobs data damps outlook for more rate cuts A global equities selloff deepened in Asian trading and Mexico’s peso weakened as polls indicated a tightening race ...
Fiat money and gold
October 21st, 2016
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion ...
GOLD: Break Above The 1302 Mark Would Suggest Higher Price In View
October 19th, 2016
On the Daily chart of Gold, we are observing a nice three wave correction taking place with sub-wave C in final stages as part of a higher degree correction of wave B) or II). If that is the ...
More Good News For Gold Bugs: The Bottom Is Getting Closer
October 18th, 2016
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the market back into balance — and setting the stage for ...
Why Oil Prices Are Bothering the AUD
October 17th, 2016
Historically, there hadn’t been much of a strong correlation between crude oil and the Australian dollar, whether it’s a positive or negative one. These days, however, the rise in the commodity seems to be accompanied by a drag on ...
Oil prices fall over doubts that non-OPEC producers will cut output
October 10th, 2016
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent crude futures were trading at $51.53 per barrel at 0511 GMT, ...
Elliott Wave Analysis On NZDUSD And GOLD
October 6th, 2016
Elliott Wave Analysis On NZDUSD And GOLD Good morning everyone! Markets remain on the side of the USD, which strong momentum seen this morning across the board as metals keep falling while crude oil is now also turning down. ...