crude opec

Oil prices have been falling, driven by rising US inventories and a change in OPEC’s forecast!!!

US crude inventories rose by 1.3 million barrels in the week ended November 7, according to market sources on Wednesday, citing data from the American Petroleum Institute. Gasoline and distillate inventories fell, citing API data. Prices fell more than $2 a barrel on Wednesday after the Organization of the Petroleum Exporting Countries (OPEC) said global…

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GOLD

After reaching new highs due to profit-taking, gold cools as focus turns to US inflation data.

Amid indications of a reduction in trade hostilities between the United States and China, as well as speculators taking advantage of bullion’s recent record rally to profit while they awaited U.S. inflation data later this week, gold prices continued to decline on Wednesday. Spot gold was trading at $4,109.19 an ounce, down 0.4%. Tuesday saw…

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silver

A shortage of silver causes price volatility in the spot and futures markets.

Due to the increased demand from investors, silver prices in India are significantly higher than those in other countries. In the Indian marketplaces, physical silver is severely lacking. The price distortion is one of the most revealing trends in the silver market. The demand is distorting both the spot and future prices of actual silver,…

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