Analysis

Week Ahead Commodity Report: Silver, Oil & Gold Forecast: 18 - 22 February 2019 (Video)

Gold jumped to a 2-week high on Friday after weak U.S. data compounded concerns over a global slowdown and dialled down expectations of the U.S. Federal Reserve raising interest rates this year. 

Oil prices rose more then 2% to their highest level in 2019 after an outage at Saudi Arabia's offshore oil field boosted expectations for tightening supply.

Meanwhile Hedge Funds and Money Managers raised their bullish bets on U.S. crude oil on anticipation that OPEC supply cuts would boost positive sentiment. 

Where are commodity prices heading next?  Watch Phil Carr at The Gold & Silver Club review Gold, Silver, Platinum and Crude Oil with the latest price forecast and predictions:

 

 

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