Gold Founders as Prices Slump to Three-Month Low Against Oil – Bloomberg
Bloomberg |
Gold Founders as Prices Slump to Three-Month Low Against Oil
Bloomberg The surge in crude comes as gold futures stumble on prospects for higher U.S. interest rates, which diminish demand for the metal as a store of value. Oil prices last week capped their biggest monthly gain since April after the Organization of … How Might OPEC and Oil Prices Play on Gold? Iraq’s OPEC revolt shows Saudi-Iran oil deal fragility OPEC Agrees to First Oil Output Cut in Eight Years |
