Phil Carr
The Gold & Silver Club
Gold vs Turkish Lirya (XAUTRY) surged 19% on Friday after U.S. President Donald Trump intensified his spat with Turkey by imposing higher tariffs on metal imports.
The crisis engulfing Turkey's lira boosted demand for bullion as a safe investment while at the same time supporting the U.S. dollar.
Crude oil prices rose more than 1% on Friday as U.S. sanctions against Iran looked set to tighten supply whilst hedge funds and money managers cut their bullish positions on U.S. crude to the lowest level since June.
Where are commodity prices heading next? Watch Phil Carr at The Gold & Silver Club review Gold, Silver and Oil with the latest price forecast and predictions:
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