Your global market watch “Impact of rising oil prices is predicted to increase inflation and therefor has a direct effect on gold” Flaring geopolitical tensions in Middle East together with the predictive decline in US stockpiles are boosting oil trade near $70 a barrel. In particular, a jump in oil can impact gold through inflationary […]
Archives for April 2018
Gold nose-dives while silver and palladium belly flop
Precious metals futures ended remarkable lower on Monday, with palladium and silver suffering percentage losses of 4.9% and 3.4% respectively. Gold was the biggest loser finishing at a one month low. Gold is pushing lower as the 10 year treasury neared the 3% yield level, commodities weakened and Japan announced policies likely to weaken the […]