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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Platinum prices tumbled this week to the lowest level in almost a decade—the latest case of intensifying global trade tensions shaking up […]
– Two-month downtrend looks ominous for gold bulls. – Risk aversion may provide a bulwark against further sharp losses. The latest IG […]
Gold shines as US-China trade spat stokes safe-haven buying London: Gold prices edged higher on Tuesday after China and the United States […]
Bullion will climb to $1,320 an ounce by the end of the year, said currency strategist Luc Luyet, which compared with about […]
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