Week Ahead Commodity Report: Gold, Silver and Crude Oil Price Forecast [Video]
|Gold prices rose for a 3rd straight week a the end of October as The Fed cut interest rates for a third time this year, with the metal now consolidating before the next move higher.
Meanwhile Oil prices rose nearly 4% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and Chinese manufacturing activity numbers.
Hedge funds and money managers increased their bullish positions in COMEX gold and silver contracts in the latest week.
Where are commodity prices heading next? Watch Phil Carr at The Gold & Silver Club review Gold, Silver and Crude Oil with the latest price forecast and predictions:
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