Tag Archives: commodities news

Gold prices hit 3-week high

Gold prices hit a three-week high on Friday, climbing for a second day as markets are concerned about the U.S. fiscal cliff and loose monetary policy. As soon as the U.S. elections were out of the day, investors began focusing on the looming fiscal cliff. If the U.S. government does not find a resolution soon, then the economy risks falling back into a deep recession due to public spending cuts...

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November 9, 2012 @ 2:19 pm

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Gold prices hit 3-week high

Gold prices hit a three-week high on Friday, climbing for a second day as markets are concerned about the U.S. fiscal cliff and loose monetary policy. As soon as the U.S. elections were out of the day, investors began focusing on the looming fiscal cliff. If the U.S. government does not find a resolution soon, then the economy risks falling back into a deep recession due to public spending...

Continue reading...

November 9, 2012 @ 2:19 pm

1 Comment

Oil prices under pressure as concerns for global economy grow

Oil prices remains low today although there was an attempt to regain some losses made yesterday after an almost 4 percent tumble, the biggest fall in a year. However concerns over the economic recovery of the United States and Europe limited gains today when oil rose towards $108 a barrel.    The magnitude of Wednesday's sell-off to four-month lows "suggests further declines. Investors are a...

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November 8, 2012 @ 3:01 pm

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Oil prices under pressure as concerns for global economy grow

Oil prices remains low today although there was an attempt to regain some losses made yesterday after an almost 4 percent tumble, the biggest fall in a year. However concerns over the economic recovery of the United States and Europe limited gains today when oil rose towards $108 a barrel.    The magnitude of Wednesday's sell-off to four-month lows "suggests further declines. Investors...

Continue reading...

November 8, 2012 @ 3:01 pm

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