Saudi Arabia doesn’t yet plan production above its assigned OPEC quota of 10.311mbpd
Saudi King Reportedly Emphasises Drive Towards Ensuring Stability In Oil Markets
reports
Gold Silver Reports, live research reports, Neal Bhai Reports
Gold Eases as Strong Equities Check Support From Iran Sanctions
Gold edged lower on Tuesday as strong equities provided a risk-conducive backdrop for investors, countering support from Washington’s move to end waivers on Iranian oil sanctions.
Growth Stumbling But Central Bank Arsenals are Near Empty
Gold Silver Reports – Global economic growth is slowing, according to the International Monetary Fund, policymakers and hundreds of economists polled by Reuters – but that downturn is coming at a time when central banks’ arsenals are running on empty.
Spot Gold Blast – Gold Near 3 Week High – Happy Holi – Bura Na Mano Holi Hai.
Spot gold gained 0.3 percent at $1,316 per ounce as of 0114 GMT, after touching its highest since Feb. 28 at $1,319 in the previous session.
Gold Hovers Near 10-month Peak Amid Steady Dollar After Fed Minutes
Gold prices were firm near a 10-month peak on Thursday, with the dollar holding steady in the wake of minutes from the latest U.S. Federal Reserve meeting that rekindled expectations of a possible rate hike later in the year.
Crude Oil Kiss 3 Month High on OPEC Cuts
Gold Silver Reports (GSR) – Crude Oil prices rose to their highest levels since November last year on Monday, lifted by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela.
Crude Oil prices Rise on OPEC Output Cuts, as U.S. Sanctions Bite
Gold Silver Reports (GSR) – The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI, traders said.
SPDR Gold Holdings Have Fallen over 1 percent for the Week – Gold Silver Reports
Gold Silver Reports (GSR ) – Spot gold was steady at $1,313.4 per ounce, as of 10 a.m. ET, after hitting its lowest since Jan. 29 at $1,302.11 on Thursday.
BREXIT PLANS IN 2019
The dollar held at a near three-week high as investors sought the relative safety of the U.S. currency.
Crude Oil hits Multi-Month Lows as Downbeat Mood Persists
Brent crude fell $1.56 to a low of $52.79 a barrel, its weakest since September 2017, before rallying to trade around $53.35, down 11.5 percent on the week, by 1435 GMT.