Benchmark U.S. crude oil for May delivery rose $3.55 to $72.81 a barrel Monday. Brent crude for May delivery rose $3.13 to $78.12 a barrel. Wholesale gasoline for April delivery rose 9 cents to $2.68 a gallon. April heating oil rose 7 cents to $2.77 a gallon. April natural gas fell 13 cents to $2.09…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 27)
March 27, 2023
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Diversifying Into Multiple Precious Metals
Most financial advisors understand that you should not over-invest in a single sector of the economy. Instead, you should divide your investments across asset classes to prevent a total wipeout of your portfolio due to a single economic event. Gold, silver, platinum, and palladium are four of the most traded precious metals. However, you can…
Monetary Gold: Five-Part Informational Series
Why Wealthy Americans Choose to Buy Gold Part 1: Economic Turmoil Joe and Jamie Smith have $100,000 saved for their retirement. They also distrust an economy with the Democratic Party in power. Under the Biden administration, the United States faces unprecedented economic turmoil. The national debt hit the historically high ceiling of $31 trillion. The…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 24)
March 24, 2023
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Benchmark U.S. crude oil for May delivery fell 70 cents to $69.26 a barrel Friday. Brent crude for May delivery fell 92 cents to $74.99 a barrel. Wholesale gasoline for April delivery fell 2 cents to $2.59 a gallon. April heating oil rose 2 cents to $2.70 a gallon. April natural gas rose 7 cents…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 23)
March 23, 2023
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Benchmark U.S. crude oil for May delivery fell 94 cents to $69.96 a barrel Thursday. Brent crude for May delivery fell 78 cents to $75.91 a barrel. Wholesale gasoline for April delivery rose 2 cents to $2.61 a gallon. April heating oil fell 6 cents to $2.68 a gallon. April natural gas fell 2 cents…
Closing Prices for Crude Oil, Gold and Other Commodities （Mar. 22）
March 22, 2023
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Benchmark U.S. crude oil for May delivery rose $1.23 to $70.90 a barrel Wednesday. Brent crude for May delivery rose $1.37 to $76.69 a barrel. Wholesale gasoline for April delivery rose 5 cents to $2.59 a gallon. April heating oil rose 5 cents to $2.74 a gallon. April natural gas fell 18 cents to $2.17…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 21)
March 21, 2023
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Benchmark U.S. crude oil for April delivery rose $1.69 to $69.33 a barrel Tuesday. Brent crude for May delivery rose $1.53 to $75.32 a barrel.Wholesale gasoline for April delivery was unchanged at $2.54 a gallon. April heating oil was also unchanged at $2.69 a gallon. April natural gas rose 13 cents to $2.35 per 1,000…
Unease Over Banking Sector Turmoil Spurs Huge Demand for Precious Metals
COTTONWOOD, Ariz.—Coin Heaven co-owner Gabe Wright saw precious metals demand rise to new heights during the pandemic, but nothing as spectacular as Silicon Valley Bank’s (SVB) collapse. “It’s getting real,” Wright said, standing behind the glass showcase filled with various silver and gold bullion, coins, jewelry, and sterling in his busy Cottonwood, Arizona, shop on…
Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 20)
March 20, 2023
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Benchmark U.S. crude oil for April delivery rose 90 cents to $67.64 a barrel Monday. Brent crude for May delivery rose 82 cents to $73.79 a barrel. Wholesale gasoline for April delivery rose 4 cents to $2.54 a gallon. April heating oil rose 1 cent to $2.69 a gallon. April natural gas fell 12 cents…
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Should You Be Bullish on Gold?
During current market volatility, what is a good place to park your money? An investor tells us that gold futures have a lot of upside potential. Brien Lundin, editor of Gold Newsletter and CEO of the New Orleans Investment Conference, says that gold both preserves value and can earn a profit. His outlook is positive for…