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Energy Commodities Post Losses Amid Oversupply

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Precious Metals Down by Year-End Gold managed to inch up in a short session on Thursday, as a slightly weaker Greenback supported prices of the precious metal going up on the last day of the year, which saw the bullion decline for the third straight year, as the start of the Fed’s rate hike cycle boosted the US Dollar and weighed on the metal. On the Comex division of the New York Mercantile Exchange, bullion futures for delivery in February settled at $1,060.4 a troy ounce by the end of

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