www.varchev.com

Oil continues to rise, Gold declined

Oil continues to rise, noting the third straight day of increases. Futures rose 1.7% or 82 cents to $ 49.61 a barrel after yesterday added 14 cents to the price. This week “black gold” fell by 6.8% and for the past year reported a nearly 50% decrease after the proposed amount exceeds at times sought and refused by OPEC to reduce supply. Brent for the February delivery added 17 cents, or 0.3% to $ 51.13

Gold declined for a second day before the Release of US unemployment, which will affect the direction of the action by the Federal Reserve for the future. Bullion for immediate delivery traded at a price of $ 1,209.96 an ounce, the loss is 0.2% precious metal rose to $ 1,223.19 this week, which was the highest level since December 16. For the February delivery gold noted levels 1,208.50 $ an ounce, and this week reached a one-month highs at $ 1,223.30 price per ounce.

Silver for immediate delivery rose 0.1 percent to 16.38 per ounce. Spot platinum added 0.1% to its value to $ 1,219.38 an ounce, while palladium rose 0.2% to $ 793.13 an ounce, noting the second consecutive week of decline.

Varchev Finance


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance