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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* Trump imposing 10 pct tariffs on $200 bln goods from China * Expectations of higher U.S. interest rates pressure gold * […]
* SPDR Gold holdings down 0.6 pct on Tuesday * Spot gold could retest $1,200/oz – technicals * Palladium down after Tuesday’s […]
By Trend The prices for precious metals have decreased in Azerbaijan August 10, according to the data published by the country’s Central […]
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