Gold and Silver Price Update -10th March 2011

The price of gold increased a bit, following the increase in oil prices which led to investors hedging their investments in gold which acts as a safe haven in turbulent times. The price of American Eagle Gold was of USD $ 1494.35 an ounce on Wednesday, the 9th of March 2011, a slight increase from…Read moreRead more

Crude Oil Price Update-10th March 2011. The impact of OPEC’s claims of increased production.

Oil prices were mixed on Wednesday, the 9th of March. At the time of market closure, Brent Crude Oil Spot Price was of USD $ 114.93 a barrel, slightly above its previous day’s price of USD $ 112.41 a barrel. The price of West Texas Sour, Midlands Oil was of USD $ 100.73 a barrel,…Read moreRead more

Crude Oil Price Update-10th March 2011. The impact of OPEC’s claims of increased production.

Oil prices were mixed on Wednesday, the 9th of March. At the time of market closure, Brent Crude Oil Spot Price was of USD $ 114.93 a barrel, slightly above its previous day’s price of USD $ 112.41 a barrel. The price of West Texas Sour, Midlands Oil was of USD $ 100.73 a barrel,…Read moreRead more

Crude Oil Price update: Brent closes at 111 a barrel. The impact of events in Japan

Oil prices further decreased over the weekend, with Brent closing in at a two-week low of USD $ 111 a barrel. The earthquake and tsunami in Japan has led to the closure of the majority of automobile and electronic firms, and a risk to the country’s numerous nuclear plants. This is expected to have a…Read moreRead more

Crude Oil Price update: Brent closes at 111 a barrel. The impact of events in Japan

Oil prices further decreased over the weekend, with Brent closing in at a two-week low of USD $ 111 a barrel. The earthquake and tsunami in Japan has led to the closure of the majority of automobile and electronic firms, and a risk to the country’s numerous nuclear plants. This is expected to have a…Read moreRead more