Other Markets
Gold Analysis
Spot gold prices are trading moderately higher Tuesday after posting two days of declines. Spot gold ended Monday’s session $5.65 lower at $1774.95/oz after some strength observed in the US dollar applied some pressure to the precious metal.
Crude Oil Analysis
November Nymex WTI prices are trading in positive territory Tuesday as the market awaits the return of the US markets.
Gold Analysis
Spot gold prices are trading in negative territory Monday extending their losses from the previous day. Spot gold ended Friday’s session $9.80 lower at $1780.60 a troy ounce, with prices correcting lower amid a surprise drop in US unemployment, which fell to a near-four year low of 7.8% in September.
Crude Oil Analysis
November Nymex WTI prices are trading lower Monday extending their losses from the previous session. November WTI ended Friday’s session $1.83 lower at $89.88 a barrel as demand concerns continued to take its toll on oil prices, with an unexpected drop in US unemployment doing nothing to halt the decline.
Gold Analysis
Spot gold prices are trading marginally higher Friday extending their gains from the previous session. Spot gold ended Thursday’s session $12.40 higher at $1790.40/oz after comments from the ECB hinted that new bond purchases may be on the way.
Crude Oil Analysis
November Nymex WTI prices are trading marginally lower Friday after recovering some of the sharp losses seen during Wednesday’s rout.
Gold Analysis
Spot gold prices are trading moderately higher Thursday extending its gains from the previous day. Spot gold ended Wednesday’s session $3.30 higher at $1778/oz despite a sharp move lower in oil prices stoked by growth concerns surrounding China.
Crude Oil Analysis
November Nymex WTI prices are trading moderately higher Thursday after suffering some sharp declines during the previous session. November WTI futures ended Wednesday’s session $3.75 lower, or 4.1%, at $88.14 a barrel.
Gold Analysis
Spot gold prices are trading just above unchanged levels Wednesday after ending flat the previous day. Spot gold ended Tuesday’s session $0.60 lower at $1774.70/oz with prices failing to make an impression beyond Monday’s high of $1791.20, the highest level seen since last November.
Crude Oil Analysis
November Nymex WTI prices are trading just below unchanged levels Wednesday after falling for a second consecutive session the previous day.
Crude Oil Analysis
November Nymex WTI prices are trading in marginal negative territory Tuesday after posting slim gains the previous day.
Gold Analysis
Spot gold prices are trading lower Monday extending their declines from the previous session. Spot gold ended Friday’s session $5.15 lower at $1772.10/oz and ended up posting a gain of just under 11% for the quarter.