Analysis

Week Ahead Commodity Report: Gold, Silver & Oil Price Forecast (Video)

Gold edged higher last week on track for its fourth consecutive week of gains, as the dollar slipped on expectations that the U.S. Federal Reserve might halt its monetary policty tightening cycle. 

Palladium surged to all time highs above $1340 whilst silver continues to consolidate at $15.50 at 6-month highs. 

Oil closed down 2% on Friday after a 9-day winning streak spurred by US-China trade talks, which boosted Crude Oil to $53 per barrell. 

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:

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.