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Gold and Oil News - November 3, 2016 14:09
Gold Prices and Where Next At This Resistance?
Gold gained good ground over the last week, after an early October fall through support. However, the fall stalled and found a base around the mid-point of the February to May range. Gold mining stocks had seen a phenomenal run, with some of the big players up over 200% and more from early 2016 lows, […]
Interest Rates Abound as Election Time Looms
As we move ever closer to the US election, what more could you ask for than a week packed with highly anticipated economic data? Expect Gold and stock indices to be volatile as we move into the second half of the week. Here’s a quick rundown of what’s about to land. Already, as of Tuesday […]
Fed Meeting Set To Show The Way
The next installment of the Federal Reserve meeting, with the press release that is published at close the meeting of the Monetary Policy Committee. This is followed by a press conference hosted by the president of the Fed, Janet Yellen. All eyes are on comments surrounding interest rates, and how the Fed see’s the economy […]
FTSE 100 and Dow Jones: Can They Head Higher This Year?
Indices in the UK and USA have been on a phenomenal run since the early February, a rise that accelerated with post Brexit relief. Whilst the FTSE 100 stumbled its way up slowly in anticipation of the Brexit vote, the Dow Jones Industrial Average has been strong all the way through, really strong. So much […]
Is This The New Trend Line For Gold?
We’ve all been amazed by the trend in Gold prices during 2016 so far, but this last few weeks, since a spike higher after the Brexit decision, Gold has fallen back somewhat. Is the Gold bull over for 2016? Or is this just another dip to buy into? It’s obvious at some point the strong […]
WIll Gold Hold Out Above $1200?
It’s safe to say that May was a hell of a bearish month for gold prices, in fact it’s been the worst month of the year so far for the precious metal. Gold prices fell from a high of $1300 on 2nd May to a low of $1200 on 30th May. This abrupt end to […]
UK Markets Undecided After Wall St Gains on Friday – Results Roundup
UK markets were undecided on direction in early trade on the 23rd May, with the FTSE 100 heading lower and reversing to test the high of Wednesday 18th May. Crude Oil was also undecided on direction, with a slow early session seeing the $47 per barrel level unchanged. Gold is consolidating in the $1250 region […]
FTSE 100 Sinks To Lows, Results from Britvic, Mothercare, Thomas Cook, Bloomsbury
The FTSE 100 index has traversed to the lower end of its current trading range between circa 6060 and 6200. The low in UK morning session stood at 6068 as Crude Oil pulled back for a 2nd consecutive day. Gold was also sliding again, after comments in the Federal Reserve’s minutes that were bias toward […]
FTSE 100 Stuck In March Range, Results Round Up May 18th
After a couple of indifferent days the FTSE 100 is stuck back in the range that held it trapped during March. Oil continued its climb toward $50 but halted, Gold still holds above $1250, whilst Technology Hardware & Equipment and Mobile Telecommunications are the leading sectors in the UK during early trading on the 18th […]
FTSE 100 Holding Up With Mining Stocks Gaining, Results Round Up 16th May
The FTSE 100 was holding up in early trading today, as mining and oil stocks lead the way. The main UK index has yet to break past the high of Friday, and stood at 6121.0 at 9:00am. Spot Gold was pushing higher at $1280 and WTI Crude Oil for June at new highs of $47 […]
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