Gold, Silver and Oil Price Weekly Outlook

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SPDR Gold Trust ( ETF ), NYSE:GLD, iShares Silver Trust ( ETF ), NYSE:SLV, United States Oil Fund LP ( ETF ) NYSE:USO

The Overall Fundamentals

 


Precious Metals

The complex retreated during the week with the exception of Palladium. However, I believe that Gold will be the biggest beneficiary under the central bank easing environment. Weakening of the USD after announcement of the Big Stimulus, talks of inflation and currency debasement are factors to send the precious Yellow metal higher.

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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: ETF



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