Posts Tagged ‘G-7’
Gold and Oil News - February 13, 2013 1:39
Brent Arrests Slide as WTI Spread Widens
Brent Crude prices reversed a two-day slide that began last Friday after coming within sight of $120 per barrel on short-term inflation expectations. In doing so the spread between it and West Texas Intermediate Crude widened back above $20 per barrel. The spread had narrowed considerably on the re-opening of the Seaway pipeline. But traders […]
Gold and Silver Stabilize After G-7 Gabfest
Coming into tonight’s State of the Union address both Gold and Silver were in serious danger of washing out to recent spike lows. Bulls, however, came in to support gold at $1640, well ahead of the $1626 spike low from January which is the current downside magnet. There is little to do at this point […]
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