Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. Gold is less likely to be influenced by tighter financial conditions, meaning it is “a useful portfolio diversifier,” said Goldman, especially given that gold has developed non-speculative use…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 13)
Benchmark U.S. crude oil for January delivery rose $2.22 to $75.39 a barrel Tuesday. Brent crude for February delivery rose $2.69 to $80.68 a barrel. Wholesale gasoline for January delivery rose 8 cents to $2.16 a gallon. January heating oil rose 12 cents to $3.09 a gallon. January natural gas rose 35 cents to $6.94…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 12)
Benchmark U.S. crude oil for January delivery rose $2.15 to $73.17 a barrel Monday. Brent crude for February delivery rose $1.89 to $77.99 a barrel. Wholesale gasoline for January delivery rose 2 cents to $2.08 a gallon. January heating oil rose 17 cents to $2.97 a gallon. January natural gas rose 34 cents to $6.59…
Masked Bandits Steal Gold From North Korean Armored Vehicle
An armored vehicle carrying 200 kilograms of gold was robbed when it stopped on the side of a North Korean highway in mid-November, a source has told RFA. Three masked robbers overcame two armed guards to take the gold worth some U.S.$11 million, the source said. The robbery occurred as the vehicle was destined for…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 11)
Benchmark U.S. crude oil for January delivery fell 44 cents to $71.02 a barrel Friday. Brent crude for February delivery fell 5 cents to $76.10 a barrel. Wholesale gasoline for January delivery rose 1 cent to $2.06 a gallon. January heating oil fell 9 cents to $2.79 a gallon. January natural gas rose 28 cents…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 8)
Benchmark U.S. crude oil for January delivery fell 55 cents to $71.46 a barrel Thursday. Brent crude for February delivery fell $1.02 to $76.15 a barrel. Wholesale gasoline for January delivery fell 3 cents to $2.05 a gallon. January heating oil rose 10 cents to $2.88 a gallon. January natural gas rose 24 cents to…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 7)
Benchmark U.S. crude oil for January delivery fell $2.24 to $72.01 a barrel Wednesday. Brent crude for February delivery fell $2.18 to $77.17 a barrel. Wholesale gasoline for January delivery fell 7 cents to $2.08 a gallon. January heating oil fell 14 cents to $2.78 a gallon. January natural gas rose 25 cents to $5.72…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 6)
Benchmark U.S. crude oil for January delivery fell $2.68 to $74.25 a barrel Tuesday. Brent crude for February delivery fell $3.33 to $79.35 a barrel. Wholesale gasoline for January delivery fell 5 cents to $2.15 a gallon. January heating oil fell 8 cents to $2.92 a gallon. January natural gas fell 11 cents to $5.47…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 5)
Benchmark U.S. crude oil for January delivery fell $3.05 to $76.93 a barrel Monday. Brent crude for February delivery fell $2.89 to $82.68 a barrel. Wholesale gasoline for January delivery fell 8 cents to $2.20 a gallon. January heating oil fell 17 cents to $3 a gallon. January natural gas fell 70 cents to $5.58…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 2)
Benchmark U.S. crude oil for January delivery fell $1.24 to $79.98 a barrel Friday. Brent crude for February delivery fell $1.31 to $85.57 a barrel. Wholesale gasoline for January delivery fell 6 cents to $2.28 a gallon. January heating oil fell 9 cents to $3.17 a gallon. January natural gas fell 46 cents to $6.28…
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