Oil is Different Last week , we showed a graph of rising open interest in crude oil futures. From this, we inferred — incorrectly as it turns out — that the basis must be rising. Why else, we asked, would market makers carry more and more oil? Crude oil […]
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* Spot gold off one-month highs * Trump imposes tariffs on $50 bln of Chinese goods * Palladium headed for first weekly […]
* U.S. to impose 10 pct tariffs on $200 bln of Chinese goods * Spot gold may break support at $1,247/oz – […]
LONDON, June 14 (Reuters) – German technology group Heraeus will open a precious metals refinery and recycling plant in China in September […]
* Federal Reserve June minutes due at 1800 GMT * Spot gold may retrace to support at $1,248/oz – technicals * Dollar […]
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