2 replies to this topic

[barbara]

Hi guys, I hope you are doing great.

Start of the week was perfect for Oil.  Oil prices were above $50 a barrel but quickly fell back on continuing concerns about a sharp drop off in demand.  The reversal came as OPEC looks ready to announce big cuts in output to try and revive the price of crude.  But some doubt the oil cartel's ability to implement a large reductions and, even if they can, demand is still limited. Crude oil for January delivery ended  down $1.77 to $44.51 a barrel on the New York Mercantile Exchange.  

On Monday, gold rallied as the weaker dollar made the yellow metal more appealing as an alternative investment. Gold for February gained 0.7 percent to settle at $826.40 an ounce on the Comex division of the New York Mercantile Exchange.

Cheers!

Barbie  

[Geopulse Inc.]

Thank you for the piece of information. While investing in gold we must realize that, this market is not operated by the demand and supply condition.
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[Geopulse Inc.]

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