Markets

Gold, Silver and Crude Oil

On the Commodities Front: Gold, Silver and Crude Oil

Weakness in the equity market on the back of a grim jobs report triggered a Strong run to safety.

That drove Gold prices 2.6% higher to 1877.20 oz, and Silver prices + 3.8% to 43.12 oz

Concern that the disappointing employment data reflected weakness in the broader economy sent Crude Oil prices 2.9% lower to 86.33 bbl.

Nat Gas as fell 4.7% to 3.86 per MMBtu.

Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

www.livetradingnews.com

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


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

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