Oil prices have plummeted amid fears of demand destruction and also of rising inventories in the US. On the other hand, the price of gold has skyrocketed […]
Will the gap between oil and gold narrow?
All posts tagged: Oil
Goldman raises gold forecast, reiterates its bullish view on commodities
Goldman Sachs on Thursday raised its gold forecast, describing it as the best hedge against financial risks, and reiterated its bullish view on commodities as a banking […]
Russian oil finds a wide-open back door to Europe
Middlemen make money when Russian crude oil finds indirect routes to the European market, argue politicians and industry insiders. In fact, it is a wide-open back door […]
