|Bid||4.8200 x 41000|
|Ask||4.8300 x 39700|
|Day's Range||4.8100 - 4.8500|
|52 Week Range||4.4500 - 6.5300|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.75%|
Silver and gold saw their biggest weekly gains since spring. Front month Comex silver for July gained more than 3% to $16.41. Front month Comex gold for July rose more than 2% to $1,254.30. A weaker dollar ...
Oil prices are sinking on reports that OPEC supply is rising, wiping out early-in-week gains prompted by better-than-expected U.S. inventory data. The Organization of the Petroleum Exporting Countries agreed to reduce output by some 1.2 million bpd until March of next year in an effort to rebalance global supply and demand and support oil prices. West Texas Crude has fallen 2.2% on the news to around $45.88 as of Friday afternoon.
Oil traders are wrong. The clash between Qatar and the Saudis is bullish, not bearish, for oil prices. At least in the long run, as it changes the geopolitics of the oil market.