Category Archives: Oil and Gold Markets

What Do Rising Oil Prices Mean for Gold?

By Blanchard and Company, Inc …… The rising price of oil is a concern for many Americans. The average price of a gallon of gasoline reached an all-time high just weeks ago. Oil is becoming more expensive for three reasons: Demand is rising as the economy continues to return to normal as the country learns […]

The post What Do Rising Oil Prices Mean for Gold? appeared first on CoinWeek.

Continue Reading on CoinWeek

Precious Metals Market Report: Gold gains 0.8% with rising oil – December 3, 2014

Precious Metals Market Report by Bill Musgrave – American Gold Exchange Gold forged back above $1,200, gaining 0.8% to close near $1,209, as a rally in oil prices and disappointing jobs data boosted demand for the metal as a store of value. Crude oil jumped 0.6% after an official report showed U.S. inventories have fallen more than expected. […]

The post Precious Metals Market Report: Gold gains 0.8% with rising oil – December 3, 2014 appeared first on CoinWeek.

Continue Reading on CoinWeek