Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Saturday, September 22, 2012

Commodities: Gold still rides on the wave from the debt crisis

The price of gold rose Friday morning after analysts at Bank of America and Deutsche Bank made their estimates for prices in the coming year. This happens after the Federal Reserve announced a third round of quantitative easing and the Bank of Japan a few days ago announced that the bank would raise fund for bond purchases.

Monday, September 3, 2012

Commodities: Large price increases after Bernanke speech

Oil prices rose over the weekend on top of Jackson Hole Symposium and Ben Bernanke's speech, which did not offer clear signs of new quantitative easing, although unemployment in the U.S. economy worries head of the U.S. Federal Reserve. Meanwhile, the U.S. oil production is these days resumed after Hurricane Isaac, and is Monday morning up to 28 percent of normal capacity.