Commodities: Oil, Gold At Risk As Markets Focus On US Budget Woes
Posted on November 16, 2012 at 00:59 AM EST
Crude oil and gold prices may face selling pressure through the week-end amid signs of continued deadlock as US officials struggle to avert the looming “fiscal cliff”. Talking Points Crude Oil, Copper May Follow Stocks Lower on Lack of “Fiscal Cliff” Progress Gold and Silver Vulnerable if Safe-Haven Demand Continues to Buoy US Dollar US [...]

Crude oil and gold prices may face selling pressure through the week-end amid signs of continued deadlock as US officials struggle to avert the looming “fiscal cliff”.
Talking Points

Crude Oil, Copper May Follow Stocks Lower on Lack of “Fiscal Cliff” Progress
Gold and Silver Vulnerable if Safe-Haven Demand Continues to Buoy US Dollar
US Industrial Production Data Unlikely to Yield Strong Response from Markets

A quiet economic calendar through the end of the trading week puts the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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