Crude oil price remains under pressure in European morning on stock markets’ decline and USD’s rebound. As recent price rallies have brought risky assets’ valuations to stretched levels, investors have become extremely…
Tag: Platinum
Risk Aversion Returns amid Trade Protectionism
Crude oil price extends last Friday’s weakness and slides to 68.5 in Asia Monday as driven by decline stock markets and rebound in USD. Recent rallies in commodity and stock markets have…
Platinum Stays Firm As August Car Sales Jumped
Platinum price remains firm after surging +2.4% Tuesday. Currently trading at 1290, the October contract attempts to make a new 3-month high above 1304 as spurred by strength in the precious metal…