Browsing Category
Futures
A Contrarian Analysis of Gold’s Big Drop
Contrarians weren’t surprised by gold’s huge plunge on Monday of this week, when the yellow metal at one point was down more than $100 an ounce.
To be sure, it would be going too far to…
Dow futures pick up steam as presidential race tightens on Election Day
U.S. stock-market futures on Tuesday night were gathering momentum higher as the votes of hundreds of millions of Americans were being tallied in the crucial election between President…
Buy the Dip in Gold? Let’s Look at the Chart
Gold prices have captivated investors for quite some time. With the rise in gold, silver and other precious metal prices this year, there’s been plenty of emphasis on this area as of late.…
Oil slips on demand worries, but U.S. supply declines help solidify weekly price…
Oil futures finished lower Friday, with pressure attributed in part to downbeat global demand forecasts from major organizations this week, but prices still ended the week higher following…
Gold declines for the session, posts first weekly loss since early June
Gold futures ended lower Friday, pulling back after two straight days of gains, with prices registering their first weekly loss in 10 weeks on the back of recent strength in U.S. Treasury…
Gold prices log fifth record in a row as bullion enters ‘euphoric phase’ of rally
Gold futures on Thursday extended a record rally to a fifth straight day, with a muted U.S. dollar and lackluster moves in equities supporting bullion’s ascent to near $2,100. Doubts about…
Gold Prices Head Toward Record Past $1,900
Gold prices are on a roll, moving close to their 2011 record, boosted by everything from the coronavirus pandemic to minuscule interest rates.
Gold recently traded at $1,892 an ounce, up…
California Resources Files Chapter 11 on Oil-Demand Collapse
California Resources filed for protection from creditors in Chapter 11 of bankruptcy law after the oil and gas producer was overwhelmed by imploding oil prices brought on by the…
Gold’s Tarnished Seasonal Pattern
In the month since I wrote that “gold’s recent rally, though undeniably impressive, is running out of steam,” gold has dropped some $60 per ounce.
The reason that I suggested…
Oil ends lower on reported rift in Saudi-Russian alliance as coronavirus feeds demand…
Oil futures ended with a loss on Friday, pressured by a reported rift in the crude-production alliance between Saudi Arabia and Russia, as concerns about the spread of COVID-19 in China and…