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January 2 – 5: gold outlook
January 2 – 5: gold outlook

On Friday in the final trading day of 2017 a weaker US currency underpinned gold, letting this precious commodity reach a three-month maximum back above $1,300…

Gold rallies to 3-week maximum
Gold rallies to 3-week maximum

On Tuesday, gold reached a three-week maximum, while the greenback demonstrated little movement because trading volumes were believed to remain suppressed during the holiday season…

Oil drifts away from 2015 maximums
Oil drifts away from 2015 maximums

On Friday, crude rebounded from 2015 peaks hit the previous session, suppressed by soaring American output as well as the anticipated January re-opening of the Forties pipeline located in the North Sea…

Gold is firm near 2-1/2 weak peaks on softer greenback
Gold is firm near 2-1/2 weak peaks on softer greenback

On Thursday, gold hovered near two-and-a-half week maximums because market sentiment on the US currency was still fragile notwithstanding the vote of a key American tax reform bill and expected US economic reports…

Oil is capped as American output hits 10 million bpd
Oil is capped as American output hits 10 million bpd

On Thursday, crude was steady, underpinned by dipping crude inventories in America, although capped by output, rapidly approaching 10 million barrels a day – this level was only exceeded by Russia and Saudi Arabia…

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