Gold Silver Reports – For 2016, the pace of rate hike in the U.S will decide the fate of yellow metal’s prices. Also, a rebound in oil prices is expected to underpin gold going forward.
Commodity News
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Crude Oil Zoom With Energy Stocks
Gold Silver Reports – Crude oil surged after Saudi Arabia cut diplomatic ties with Iran amid escalating tension between the regional powers, buoying energy shares. Japanese equities slid as the yen held near the highest in more than two months, while U.S. equity-index futures advanced.
Commodities Market in 2016
Gold Silver Reports – Markets have stepped into a new year barely recovering from the damages suffered in 2015. Most commodities are stll scraping the bottom, while markets are wondering where the silver line is.
Year 2016 will unquestionably unfold a lot of events but at the outset, some prevailing market dynamics will play a crucial role going forward. What are the major forces that will drive the markets in 2015?
Gold Heads For 3rd Annual Loss
Gold Silver Reports – Gold was steady on Thursday but poised to mark its third straight annual loss, ahead of what is likely to be another tough year with the prospect of higher U.S. interest rates and dollar strength.
Largely influenced by U.S. monetary policy and dollar flows, the price of gold has fallen about 10 percent in 2015 as some investors sold the precious metal to buy assets that pay a yield, such as equities.