Gold, Silver and Oil Technicals and Fundamentals GLD, SLV, USO

Comment

Shutterstock photo

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

The Overall Fundamentals
Last Friday's sharp decline sent commodities broadly lower on weekly basis. Disappointing corporate earnings and the uneventful EU summit were Key reasons damping market sentiment and reducing demand for commodity investments.

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 Nasdaq, Inc.



This article appears in: Investing , Commodities


More from International Business Times

Subscribe






International Business Times
Contributor:

International Business Times


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com