Asia Gold, Silver and Crude Oil Price Outlook

By International Business Times,  October 01, 2012, 04:06:01 PM EDT

US Gold prices finished pit trade higher Monday, during the session prices tapped a 7-month high.

Prices were trading lower in early US action, but then moved higher following remarks from the Chicago Federal Reserve president Charles Evans, who made dovish remarks on US monetary policy.

Mr. Evans suggested US monetary policy could remain very accommodative for some time to come.

Technical buying and bargain hunting also kicked in on the 1st day of the new Quarter. The Gold and Silver markets are in solidly Bullish near-term technical mode.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

How to File Insurance Claims When Disaster Strikes
How to File Insurance Claims When D...
Where Horses Live Like Millionaires
Where Horses Live Like Millionaires
How to Pick Stocks in This Economic Environment
How to Pick Stocks in This Economic...
How To Grow Your Small Business
How To Grow Your Small Business     


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
S $ 7 0.32  4.37%
PFE $ 29.10 0.30  1.02%
BAC $ 13.19 0.08  0.60%
MU $ 13.97 0.22  1.60%
SIRI $ 3.37 0.03  0.88%
GE $ 23.98 0.35  1.44%
QQQ $ 72.76 0.82  1.11%
ELN $ 14.15 0.37  2.69%