- Crude oil prices fell for the fifth day in six on signs that higher prices are slowing global demand. OPEC may decide to increase oil production by another 500,000 barrels a day when they meet in Vienna on Monday
- The University of Michigan’s preliminary consumer sentiment index for September fell to 76.9 from 89.1 in August, the biggest one-month drop since 1980.
- Argentina's central bank may increase gold reserves as a hedge against inflation and protection against a financial crisis, Juan Ignacio Basco, bank head of market operations, said yesterday in London
- U.S. Benchmark gold futures closed at a 17-year high on Friday because of a robust demand for bullion. "Fiat currencies at 17-year low."
No comments:
Post a Comment