Gold Price Ounce Usd

gold price ounce usd
What are the current prices of a barrel of oil and an ounce of gold?

I need to know the prices in USD and GBP

cheers

Gold $812 and moving up as long as China does not sell their stock pile to compensate for their 14% export loss.
Oil $35 a barrel and now projected below $30 a barrel by March.

Key oil factors and the reasons I sold my $277,000 in oil futures in October.

The following are lies about things that will raise oil prices

1. Future price increses. Oil is projected by most experts to go below $30 a barrel, and this is based on price averge index with demand. With prices not falling at the pump demand will drop even more then projected causing $21 to $18 a barrel oil, and that would lead to involvment in the free market by big brother that big oil will not like.

2. It’s the refining cost and pipe line. Refining is nothing more then a special distillery that fractionally cooks oil, and pipe lines are owned & paid for by the government and the pressure of the oil is what moves it.

3. Its OPEC. Well OPEC tries but they have lossed 14% in market share last year and today they only control 28% of the worlds oil compared to a year year ago of 42%. The major issue OPEC has is only 3 of 12 members who cut production when they vote to Kuwait, Saudi Arabia, and Qatar they oil control 6% of the market share combined. The other OPEC nations are poor and even if the really wanted high oil prices they can’t afford the transition period.

SILVER – $2000+ PER OUNCE!


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