Gold Higher, USD Lower, Stocks Lower  + Commodities

Gold Higher, USD Lower, Stocks Lower  + Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT

  • Gold strengthens on risk-off trade
  • US Dollar (.DXY) Index Eases
  • Crude Oil futures down
  • US and Global market’s stocks lower

In Asia

Gold: Gold prices firmed early, hanging near a more than 3-month high reached earlier this week, as the USD eased and Asian stocks slumped after Wall Street surrendered all its gains YTD.

Spot gold a bit firmer at $1,236.76 oz.

Stocks: Markets have been hit hard this month by a range of worries, including the US-China trade dispute, a rout in emerging market currencies, rising borrowing costs and bond yields, and economic concerns in Italy.

Energy: Crude Oil prices down by about 1% Thursday, coming under pressure from selloffs in global stock markets, with US stocks posting the biggest daily decliner since Y 2011 erasing the year’s gains.

Front-month ICE Brent Crude Oil futures (LCOc1) were at $75.42 bbl at 0043 GMT, 75c, or 1%, below their last close.

NYMEX WTI Crude Oil futures (CLc1) were at $66.23 bbl, – 59c, or 0.9%, below their prior settlement.

WTI has fallen nearly 10% so far this month, while Brent is down nearly 9%.

Commodities: Energy

COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
NYMEX Crude Oil »
66.34 USD
-0.48
-0.72% Nov 18 1:56AM EDT CLc1
ICE Brent Crude »
75.70 USD
-0.47
-0.62% Oct 18 1:57AM EDT LCOc1
NYMEX RBOB Gasoline »
1.80 USD
-0.02
-1.08% Oct 18 1:54AM EDT RBc1
Dubai Crude Spot »
74.36 USD
-0.06
-0.08% Dec 02 2:06AM EDT DUB-1M
ICE Gas Oil »
693.50 USD
-6.50
-0.94% Nov 18 1:53AM EDT LGOc1
NYMEX No2 Heating Oil »
2.24 USD
-0.01
-0.61% Oct 18 1:51AM EDT HOc1
NYMEX Nat Gas »
3.18 USD
+0.01
+0.31% Oct 18 1:56AM EDT NGc1
ICE NBP Nat Gas »
68.02 GBP
+0.00
0.00% Oct 18 11:59AM EDT

Commodities: Metals

COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
Gold Spot »
1,237.70USD
+4.12
+0.33% Dec 02 2:09AM EDT XAU=X
COMEX 100oz Gold »
1,227.80USD
+0.00
0.00% Oct 18 7:01PM EDT GCc1
Silver Spot »
14.71USD
+0.07
+0.46% Dec 02 2:08AM EDT XAG=X
Platinum Spot »
827.05USD
-0.45
-0.05% Dec 02 2:08AM EDT XPT=X
Palladium Spot »
1,116.50USD
-8.00
-0.72% Dec 02 2:09AM EDT XPD=X
COMEX Copper »
2.72USD
-0.03
-0.97% Oct 18 9:16PM EDT

Commodities: Agriculture Grains

COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
CBOT Corn »
367.00USC
-1.25
-0.34% Dec 18 2:03AM EDT Cc1
CBOT Wheat »
498.00USC
-1.50
-0.30% Dec 18 2:08AM EDT Wc1
KCBT Wheat »
495.50USC
-1.50
-0.30% Dec 18 2:07AM EDT KWc1
MGE Spring Wheat »
578.50USC
+0.00
0.00% Dec 18 2:05AM EDT 1MWEc1
Euronext Milling Wheat »
200.50EUR
+0.00
0.00% Dec 18 12:29PM EDT BL2c1
CBOT Soybeans »
849.00USC
-1.25
-0.15% Nov 18 2:08AM EDT

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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