Metals Market

Aug. 22 ($ / troy oz.)
  • SPDR Gold Shares (GLD ETF)

    -0.24 decrease 116.83
  • IShares Silver Trust (SLV ETF)

    0.00 no change 15.57

Crude Oil and New Peak

December 27, 2017, 4:59 AM

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On Tuesday, the price of black gold moved higher supported by an explosion on a crude pipeline in Libya (because of this event the country has lost around 90,000 bpd of crude oil). Thanks to these circumstances, light crude hit a fresh 2017 high, but is this event as bullish as it may seem at the first glance?

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