Posts Tagged ‘Nicolas Sarkozy’
Gold and Oil News - January 10, 2012 23:57
Crude Oil Declines as Iran Threatens to Disturb Oil Tankers Traffic
Crude oil futures remained lower on Monday as investors remained cautious in reaction to Iran’s threat to disturb the oil shipping traffic. Bill O’ Neill from Logic Advisors in New Jersey commented, “Oil lacked new impetus to run higher and cautious traders may be backing off after an overdone reaction to the Iranian Hormuz threats, […]
Gold Futures Decline in Reaction to Euro Zone Concerns
Gold futures contract declined on Monday as the concerns over the euro zone debt situation remained the center of discussion. Despite positive comments from French President Nicolas Sarkozy and German Chancellor Angela Merkel who supported the goal of foster growth and job creation. However, the weaker greenback supported the gold prices and kept them above […]
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